Rank | Ticker | Days Since Previous High |
---|---|---|
1 | MRVL | 45 |
2 | LCID | 42 |
3 | SYM 📈 | 41 |
4 | AMC 🚀 📈 | 36 |
5 | CRCL 🚀 | 33 |
6 | DHR | 30 |
7 | BITX 📈 | 28 |
8 | STLA | 28 |
9 | AMD | 24 |
10 | AMDL 🚀 📈 | 23 |
11 | CSCO | 23 |
12 | NKE 🚀 | 22 |
13 | SNOW | 21 |
14 | UAA | 17 |
15 | CELH 🚀 | 15 |
16 | EXAS | 15 |
17 | BBY | 14 |
18 | MDB 🚀 | 12 |
19 | MMM | 11 |
20 | PDD | 11 |
21 | YINN 📈 | 11 |
22 | COIN 📈 | 10 |
23 | CONL 🚀 📈 | 10 |
24 | NWG | 10 |
25 | PHM | 10 |
26 | ANET | 9 |
27 | BLDR | 9 |
28 | COO | 9 |
29 | MSFU | 9 |
30 | MSTR 📈 | 9 |
31 | AGNC | 8 |
32 | AVGO | 8 |
33 | BIDU | 8 |
34 | COHR | 8 |
35 | PANW | 8 |
36 | ACHR 📈 | 7 |
37 | APLD 🚀 📈 | 7 |
38 | ILMN | 7 |
39 | JOBY 📈 | 7 |
40 | MCHP 📈 | 7 |
41 | NOK 🚀 | 7 |
42 | NXPI | 7 |
43 | SBUX | 7 |
44 | TEM 📈 | 7 |
45 | CLS 🚀 📈 | 6 |
46 | ENTG | 6 |
47 | FFTY | 6 |
48 | HPE | 6 |
49 | NAIL 🚀 📈 | 6 |
50 | QBTS 🚀 📈 | 6 |
51 | QXO 📈 | 6 |
52 | RGTI 🚀 📈 | 6 |
53 | RKLB 📈 | 6 |
54 | SOUN 🚀 📈 | 6 |
55 | STM | 6 |
56 | AI 🚀 | 5 |
57 | EH 📈 | 5 |
58 | FERG | 5 |
59 | FUTU 📈 | 5 |
60 | GEV | 5 |
61 | KMX | 5 |
62 | OKLO 🚀 📈 | 5 |
63 | SERV 🚀 📈 | 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.