Rank | Ticker | Days Since Previous High |
---|---|---|
1 | LUNR 🚀 📈 | 43 |
2 | DASH | 41 |
3 | JOBY 📈 | 41 |
4 | AMD | 37 |
5 | AMDL 🚀 📈 | 37 |
6 | MSFT | 35 |
7 | MSFU | 34 |
8 | MSTR 📈 | 33 |
9 | OKTA 🚀 | 25 |
10 | PTEN | 25 |
11 | CMG | 21 |
12 | TWLO | 20 |
13 | TTD | 19 |
14 | ARM 🚀 📈 | 17 |
15 | ADM | 14 |
16 | KNX | 13 |
17 | YMM | 13 |
18 | IOT 🚀 | 11 |
19 | BMNR | 10 |
20 | DJT 🚀 📈 | 10 |
21 | FIG 🚀 | 10 |
22 | FFTY | 9 |
23 | GILD | 9 |
24 | IONQ 🚀 📈 | 9 |
25 | NNOX 📈 | 9 |
26 | SERV 🚀 📈 | 9 |
27 | SNAP | 9 |
28 | CRM | 8 |
29 | FERG | 8 |
30 | GRAB | 8 |
31 | OKLO 🚀 📈 | 8 |
32 | SE 🚀 | 8 |
33 | SMR 📈 | 8 |
34 | XYZ | 8 |
35 | AAL | 7 |
36 | CCJ 📈 | 6 |
37 | FANG | 6 |
38 | SONY | 6 |
39 | ALB | 5 |
40 | ASX | 5 |
41 | CNQ | 5 |
42 | DAL | 5 |
43 | EQNR | 5 |
44 | GGLL 📈 | 5 |
45 | GOOG | 5 |
46 | GOOGL | 5 |
47 | MOS | 5 |
48 | NEM | 5 |
49 | PYPL | 5 |
50 | RF | 5 |
51 | UBER | 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.