| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | AEO 🚀 | 45 |
| 2 | JBS | 35 |
| 3 | COO | 25 |
| 4 | PLD | 21 |
| 5 | RKT | 20 |
| 6 | GEHC | 18 |
| 7 | AVGO | 16 |
| 8 | SRE | 13 |
| 9 | ZBH | 13 |
| 10 | TEM 📈 | 10 |
| 11 | EL | 8 |
| 12 | ELAN | 8 |
| 13 | AAPL | 7 |
| 14 | DOCS | 7 |
| 15 | SHOP 🚀 | 7 |
| 16 | TLT | 7 |
| 17 | TMF | 7 |
| 18 | WYNN | 7 |
| 19 | AAPU | 6 |
| 20 | ADI | 6 |
| 21 | BLSH | 6 |
| 22 | HIMS 📈 | 6 |
| 23 | HMY | 6 |
| 24 | LULU | 6 |
| 25 | META | 6 |
| 26 | SGI | 6 |
| 27 | BIDU | 5 |
| 28 | BLDR | 5 |
| 29 | DELL | 5 |
| 30 | IBM | 5 |
| 31 | NTAP | 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.