| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | XOM | 32 | Exxon Mobil Corporation |
| 2 | CELH 🚀 | 31 | Celsius Holdings, Inc. |
| 3 | ELAN | 18 | Elanco Animal Health Incorporat |
| 4 | UAA | 17 | Under Armour, Inc. |
| 5 | SO | 15 | Southern Company (The) |
| 6 | EQNR | 14 | Equinor ASA |
| 7 | SE 🚀 | 13 | Sea Limited |
| 8 | TMUS | 12 | T-Mobile US, Inc. |
| 9 | TTD | 11 | The Trade Desk, Inc. |
| 10 | AES | 10 | The AES Corporation |
| 11 | ANET | 10 | Arista Networks, Inc. |
| 12 | ASX | 10 | ASE Technology Holding Co., Ltd |
| 13 | EBAY | 10 | eBay Inc. |
| 14 | NIO 🚀 📈 | 10 | NIO Inc. |
| 15 | ODFL | 10 | Old Dominion Freight Line, Inc. |
| 16 | T | 10 | AT&T Inc. |
| 17 | TSM | 10 | Taiwan Semiconductor Manufactur |
| 18 | EC | 9 | Ecopetrol S.A. |
| 19 | NRG | 9 | NRG Energy, Inc. |
| 20 | ERX | 8 | Direxion Energy Bull 2X Shares |
| 21 | IBM | 8 | International Business Machines |
| 22 | VLO | 8 | Valero Energy Corporation |
| 23 | BBWI | 7 | Bath & Body Works, Inc. |
| 24 | BCE | 7 | BCE, Inc. |
| 25 | CCI | 7 | Crown Castle Inc. |
| 26 | EOG | 7 | EOG Resources, Inc. |
| 27 | BALL | 6 | Ball Corporation |
| 28 | BAX | 6 | Baxter International Inc. |
| 29 | CHWY | 6 | Chewy, Inc. |
| 30 | DRN | 6 | Direxion Daily Real Estate Bull |
| 31 | INVH | 6 | Invitation Homes Inc. |
| 32 | NEE | 6 | NextEra Energy, Inc. |
| 33 | Z | 6 | Zillow Group, Inc. |
| 34 | BIDU | 5 | Baidu, Inc. |
| 35 | GPC | 5 | Genuine Parts Company |
| 36 | UTSL | 5 | Direxion Daily Utilities Bull 3 |
| 37 | VTR | 5 | Ventas, Inc. |
| 38 | WELL | 5 | Welltower Inc. |
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.