| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | CMG | 31 |
| 2 | FERG | 26 |
| 3 | KR | 21 |
| 4 | WMT | 19 |
| 5 | CX | 18 |
| 6 | SMR 📈 | 16 |
| 7 | UL | 15 |
| 8 | TOST | 14 |
| 9 | DLTR | 12 |
| 10 | WFC | 12 |
| 11 | DG | 10 |
| 12 | C | 9 |
| 13 | MCD | 9 |
| 14 | BROS | 8 |
| 15 | RBLX 📈 | 8 |
| 16 | BBY | 7 |
| 17 | COO | 7 |
| 18 | PINS | 7 |
| 19 | ABNB | 6 |
| 20 | CRH | 6 |
| 21 | IWM | 6 |
| 22 | SPOT | 6 |
| 23 | SYF | 6 |
| 24 | TEAM | 6 |
| 25 | TNA | 6 |
| 26 | TPR | 6 |
| 27 | AEO 🚀 📈 | 5 |
| 28 | ALLY | 5 |
| 29 | ORLY | 5 |
| 30 | OWL | 5 |
| 31 | RCL | 5 |
| 32 | RKT 📈 | 5 |
| 33 | ROIV | 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.