Rank | Ticker | Days Since Previous High |
---|---|---|
1 | TEM | 38 |
2 | UL | 34 |
3 | AFL | 29 |
4 | JHX | 29 |
5 | APTV | 28 |
6 | FOXA | 28 |
7 | VZ | 28 |
8 | APA | 25 |
9 | AAL | 24 |
10 | HPE | 24 |
11 | SWK | 24 |
12 | BBY | 21 |
13 | ASML | 18 |
14 | CHWY | 18 |
15 | RGTI 🚀 | 18 |
16 | NFLX | 17 |
17 | NTAP | 17 |
18 | SOXL 🚀 | 17 |
19 | BITX | 16 |
20 | FUTU | 15 |
21 | GPC | 15 |
22 | PEP | 15 |
23 | RETL | 15 |
24 | TNA | 15 |
25 | BABA | 14 |
26 | AA | 13 |
27 | PSKY 🚀 | 13 |
28 | BIDU | 12 |
29 | BLDR | 12 |
30 | COO | 12 |
31 | OMC | 12 |
32 | PCAR | 12 |
33 | YINN | 12 |
34 | EXEL | 11 |
35 | NOK 🚀 | 11 |
36 | TIGR 🚀 | 11 |
37 | BTDR 🚀 | 10 |
38 | CLS 🚀 | 10 |
39 | FERG | 10 |
40 | KNX | 10 |
41 | NXPI | 10 |
42 | QXO | 10 |
43 | TMO | 10 |
44 | USB | 10 |
45 | AMD | 9 |
46 | AMDL 🚀 | 9 |
47 | BX | 9 |
48 | C | 9 |
49 | EL | 9 |
50 | GRAB | 9 |
51 | KMX | 9 |
52 | M | 9 |
53 | MAS | 9 |
54 | NKE 🚀 | 9 |
55 | NUE | 9 |
56 | QCOM | 9 |
57 | RF | 9 |
58 | SOFI | 9 |
59 | TER 🚀 | 9 |
60 | ULTA | 9 |
61 | CLF 🚀 | 8 |
62 | COIN | 8 |
63 | CONL 🚀 | 8 |
64 | ENTG | 8 |
65 | ILMN | 8 |
66 | MGM | 8 |
67 | PANW | 8 |
68 | SW | 8 |
69 | ADBE | 7 |
70 | AEO 🚀 | 7 |
71 | BEKE | 7 |
72 | CCL | 6 |
73 | CMG | 6 |
74 | FFTY | 6 |
75 | RCL | 6 |
76 | SIRI | 6 |
77 | V | 6 |
78 | AGNC | 5 |
79 | DOW | 5 |
80 | LYB | 5 |
81 | MSFT | 5 |
82 | MSFU | 5 |
83 | QBTS 🚀 | 5 |
84 | ROKU | 5 |
85 | SPG | 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.