| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | ABNB | 35 |
| 2 | CCI | 35 |
| 3 | CRM | 34 |
| 4 | DAL | 33 |
| 5 | FERG | 32 |
| 6 | TGT | 32 |
| 7 | VTRS | 29 |
| 8 | MMM | 27 |
| 9 | KIM | 22 |
| 10 | ALLY | 18 |
| 11 | WBD | 18 |
| 12 | GM 🚀 | 16 |
| 13 | HAL | 16 |
| 14 | PCAR | 16 |
| 15 | TEAM | 16 |
| 16 | ADI | 15 |
| 17 | LULU | 14 |
| 18 | ZM | 14 |
| 19 | HWM | 13 |
| 20 | DHR | 12 |
| 21 | DIS | 12 |
| 22 | DRN | 12 |
| 23 | DT | 12 |
| 24 | ADBE | 11 |
| 25 | DECK 🚀 | 11 |
| 26 | DOCU | 11 |
| 27 | HON | 11 |
| 28 | MCHP | 11 |
| 29 | WDAY | 11 |
| 30 | Z | 11 |
| 31 | F | 10 |
| 32 | ILMN | 10 |
| 33 | M 🚀 | 10 |
| 34 | STLA | 10 |
| 35 | UWMC | 10 |
| 36 | APTV | 9 |
| 37 | GPC | 9 |
| 38 | PTEN | 9 |
| 39 | QCOM | 9 |
| 40 | RTX | 9 |
| 41 | CAH | 8 |
| 42 | FDX | 8 |
| 43 | GFS | 8 |
| 44 | JEF | 8 |
| 45 | FI | 7 |
| 46 | GPN | 7 |
| 47 | META | 7 |
| 48 | NDAQ | 7 |
| 49 | NXPI | 7 |
| 50 | SIRI | 7 |
| 51 | SPG | 7 |
| 52 | AMZN | 6 |
| 53 | AMZU | 6 |
| 54 | CDNS | 6 |
| 55 | CSGP | 6 |
| 56 | PANW | 6 |
| 57 | TTD | 6 |
| 58 | DHI | 5 |
| 59 | NTNX | 5 |
| 60 | NUE | 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.