Rank | Ticker | Days Since Previous High |
---|---|---|
1 | WDAY | 43 |
2 | BBAI 🚀 | 42 |
3 | HAL | 39 |
4 | ASTS | 38 |
5 | HWM | 38 |
6 | AR | 33 |
7 | PBR | 33 |
8 | PBR-A | 33 |
9 | WELL | 33 |
10 | VG | 32 |
11 | EQNR | 31 |
12 | LUNR 🚀 | 28 |
13 | PLTR 🚀 | 27 |
14 | ACHR 🚀 | 26 |
15 | MFG | 26 |
16 | MUFG | 26 |
17 | FSLR | 25 |
18 | JOBY | 25 |
19 | AUR | 24 |
20 | AEG | 22 |
21 | BP | 15 |
22 | LUV | 14 |
23 | FANG | 13 |
24 | F | 12 |
25 | ONON | 12 |
26 | CAVA | 11 |
27 | NXPI | 11 |
28 | SBUX | 11 |
29 | GPN | 10 |
30 | RBRK | 8 |
31 | TTD | 8 |
32 | CAH | 7 |
33 | CF | 7 |
34 | FTI 🚀 | 7 |
35 | KHC | 7 |
36 | OVV | 7 |
37 | SPG | 7 |
38 | YPF | 7 |
39 | AGI | 6 |
40 | BCS | 6 |
41 | D | 6 |
42 | PR | 6 |
43 | RCL | 6 |
44 | SATS 🚀 | 6 |
45 | SRE | 6 |
46 | UTSL | 6 |
47 | ZBH | 6 |
48 | CLS 🚀 | 5 |
49 | FERG | 5 |
50 | NCLH | 5 |
51 | NTR | 5 |
52 | RKLB | 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.