| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | EL | 39 |
| 2 | CSCO | 38 |
| 3 | GILD | 32 |
| 4 | KNX | 32 |
| 5 | SNOW 🚀 | 28 |
| 6 | FIG 🚀 | 27 |
| 7 | CELH 🚀 | 24 |
| 8 | TWLO | 23 |
| 9 | ANET | 19 |
| 10 | KR | 16 |
| 11 | TGT | 15 |
| 12 | NNOX 📈 | 14 |
| 13 | AGNC | 13 |
| 14 | CRWD | 13 |
| 15 | APG | 12 |
| 16 | TEM 📈 | 12 |
| 17 | APH | 11 |
| 18 | ASX | 11 |
| 19 | FLEX | 11 |
| 20 | NDAQ | 11 |
| 21 | SE 🚀 | 11 |
| 22 | SOUN 🚀 📈 | 11 |
| 23 | AMZN | 10 |
| 24 | AMZU | 10 |
| 25 | CX | 10 |
| 26 | FCX | 10 |
| 27 | BA | 8 |
| 28 | CF | 7 |
| 29 | CVE | 7 |
| 30 | ON | 7 |
| 31 | NFLX | 6 |
| 32 | ONON | 6 |
| 33 | PR | 6 |
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.