Rank | Ticker | Days Since Previous High |
---|---|---|
1 | NWG | 45 |
2 | SE 🚀 | 45 |
3 | MU | 31 |
4 | AFL | 27 |
5 | T | 26 |
6 | JHX | 23 |
7 | WYNN | 23 |
8 | DAL | 21 |
9 | CRWV 🚀 | 19 |
10 | AAL | 18 |
11 | UAL 🚀 | 18 |
12 | NTAP | 15 |
13 | IWM | 14 |
14 | APTV | 13 |
15 | MUFG | 13 |
16 | PEP | 13 |
17 | TMUS | 13 |
18 | TNA | 13 |
19 | VALE | 13 |
20 | OWL | 12 |
21 | TGT | 12 |
22 | AA | 11 |
23 | ASML | 11 |
24 | RETL | 11 |
25 | TEM | 11 |
26 | BLDR | 10 |
27 | FUTU | 10 |
28 | PDD | 10 |
29 | BA | 9 |
30 | CNM | 9 |
31 | COF | 9 |
32 | GS | 9 |
33 | IBKR | 9 |
34 | JD | 9 |
35 | LVS | 9 |
36 | ONON | 9 |
37 | SYF | 9 |
38 | ASTS | 8 |
39 | COO | 8 |
40 | CRCL 🚀 | 8 |
41 | CX | 8 |
42 | FLEX | 8 |
43 | HPE | 8 |
44 | META | 8 |
45 | NXPI | 8 |
46 | SBUX | 8 |
47 | SPY | 8 |
48 | STM | 8 |
49 | LUV | 7 |
50 | PCAR | 7 |
51 | WFC | 7 |
52 | CLF 🚀 | 6 |
53 | ENTG | 6 |
54 | M | 6 |
55 | PANW | 6 |
56 | VRT | 6 |
57 | EIX | 5 |
58 | MAS | 5 |
59 | RF | 5 |
60 | SW | 5 |
61 | TMO | 5 |
In stock trading, a "consolidation" period is a phase where a stock's price trades within a narrow range, often with decreasing volume. This represents a period of market indecision, where buyers and sellers are in a relative balance. The "good" thing about a stock breaking higher out of this consolidation is that it can signal the start of a new, powerful uptrend. A breakout to the upside suggests that buyers have finally overwhelmed sellers, and the accumulated energy from the consolidation period is being released in a bullish direction. This is often accompanied by a significant increase in trading volume, which confirms the conviction of the move. The longer and tighter the consolidation, the more significant the potential breakout. For traders, a breakout from consolidation can provide a low-risk, high-reward entry point. The resistance level that defined the top of the consolidation range now becomes a new support level. This provides a clear area for traders to place a stop-loss order, helping to manage risk. The potential for a strong, sustained move higher makes this a favorite strategy for identifying new momentum plays.