| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | SIRI | 41 |
| 2 | CPNG | 34 |
| 3 | QXO | 32 |
| 4 | ASX | 31 |
| 5 | AMZN | 26 |
| 6 | TRU | 24 |
| 7 | NET | 21 |
| 8 | AR | 20 |
| 9 | CDNS | 20 |
| 10 | NTNX | 20 |
| 11 | WELL | 20 |
| 12 | JD | 17 |
| 13 | QS 🚀 | 17 |
| 14 | TSM | 17 |
| 15 | SHOP 🚀 | 16 |
| 16 | LRCX | 15 |
| 17 | DASH | 14 |
| 18 | SOUN 🚀 | 14 |
| 19 | GRAB | 13 |
| 20 | SPOT | 12 |
| 21 | HOOD | 10 |
| 22 | ROBN 🚀 | 10 |
| 23 | SONY | 10 |
| 24 | MUFG | 9 |
| 25 | TEM | 9 |
| 26 | Z | 9 |
| 27 | YUM | 8 |
| 28 | ADM | 7 |
| 29 | NNOX | 7 |
| 30 | RIG | 7 |
| 31 | TSLL 🚀 | 7 |
| 32 | ADBE | 6 |
| 33 | BX | 6 |
| 34 | DOCS | 6 |
| 35 | ORCL 🚀 | 6 |
| 36 | RBRK | 6 |
| 37 | VG | 6 |
| 38 | WBD 🚀 | 6 |
| 39 | ZTO | 6 |
| 40 | ARM 🚀 | 5 |
| 41 | FFTY | 5 |
| 42 | MFG | 5 |
| 43 | MRVL 🚀 | 5 |
| 44 | PSTG 🚀 | 5 |
| 45 | SOXL 🚀 | 5 |
| 46 | SYM | 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.