| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | FDX | 42 |
| 2 | EXE | 40 |
| 3 | VG 📈 | 38 |
| 4 | GFS | 35 |
| 5 | EA 🚀 | 30 |
| 6 | PTON 🚀 📈 | 30 |
| 7 | UTSL | 26 |
| 8 | ZTO | 25 |
| 9 | BULL 🚀 📈 | 22 |
| 10 | NEE | 22 |
| 11 | ALB | 21 |
| 12 | F | 20 |
| 13 | FANG | 19 |
| 14 | DVN | 18 |
| 15 | OXY | 18 |
| 16 | JNJ | 15 |
| 17 | SPG | 15 |
| 18 | CNM | 13 |
| 19 | ROST | 11 |
| 20 | BA | 10 |
| 21 | DT | 10 |
| 22 | DDOG | 9 |
| 23 | CLF 🚀 | 8 |
| 24 | LI | 7 |
| 25 | SLB | 7 |
| 26 | SU | 7 |
| 27 | BBY | 6 |
| 28 | BG | 6 |
| 29 | M 🚀 | 5 |
| 30 | ROIV | 5 |
| 31 | UAA | 5 |
| 32 | ZS | 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.