| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | GILD | 45 |
| 2 | D | 40 |
| 3 | CRM | 27 |
| 4 | TGT | 24 |
| 5 | AVGO | 21 |
| 6 | TMF | 21 |
| 7 | GOOG | 19 |
| 8 | GOOGL | 19 |
| 9 | UL | 19 |
| 10 | ABNB | 17 |
| 11 | B | 17 |
| 12 | GGLL 📈 | 17 |
| 13 | ON | 17 |
| 14 | LUV | 16 |
| 15 | ORCL 🚀 | 16 |
| 16 | WPM | 11 |
| 17 | BBVA | 9 |
| 18 | ET | 8 |
| 19 | MU | 8 |
| 20 | SCHW | 8 |
| 21 | STM | 8 |
| 22 | TSM | 8 |
| 23 | ADI | 7 |
| 24 | ASML | 7 |
| 25 | DASH | 7 |
| 26 | WDC 📈 | 7 |
| 27 | Z | 7 |
| 28 | DHR | 6 |
| 29 | KNX | 6 |
| 30 | STX 📈 | 6 |
| 31 | USB | 6 |
| 32 | AMD | 5 |
| 33 | AU | 5 |
| 34 | CPB | 5 |
| 35 | LITE | 5 |
| 36 | UAL 🚀 📈 | 5 |
| 37 | XEL | 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.