| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | FUTU 📈 | 38 |
| 2 | AVGO | 34 |
| 3 | CRDO 📈 | 26 |
| 4 | DB | 26 |
| 5 | LMND 🚀 📈 | 26 |
| 6 | BP | 22 |
| 7 | EC | 20 |
| 8 | AEO 🚀 | 19 |
| 9 | STX 📈 | 19 |
| 10 | WDC | 19 |
| 11 | TER 🚀 | 17 |
| 12 | RIVN | 16 |
| 13 | BABA | 15 |
| 14 | JD | 14 |
| 15 | XPEV 🚀 📈 | 14 |
| 16 | V | 13 |
| 17 | ANET | 12 |
| 18 | CNQ | 12 |
| 19 | TECK | 12 |
| 20 | BE 🚀 📈 | 10 |
| 21 | CPNG | 10 |
| 22 | EH | 10 |
| 23 | FCX | 10 |
| 24 | CAT | 9 |
| 25 | ENTG | 9 |
| 26 | MRVL 🚀 | 9 |
| 27 | NRG | 9 |
| 28 | SYM 📈 | 9 |
| 29 | BBVA | 7 |
| 30 | TSM | 7 |
| 31 | VZ | 7 |
| 32 | ASTS 📈 | 6 |
| 33 | JOBY 📈 | 6 |
| 34 | T | 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.