Monday June 23, 2025 Stocks Breaking Out Of A Base Thirty-Seven Days Ago $KR $TLT $TSCO $EXEL $FI $BBWI $ACI $TSLA $WMB $GEV $TSLL $KGC $CME $CMG

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Rank Ticker Days Since Previous High
1 KR 42
2 TLT 29
3 TSCO 28
4 EXEL 25
5 FI 22
6 BBWI 15
7 ACI 13
8 TSLA 13
9 WMB 13
10 GEV 12
11 TSLL ðŸš€ 12
12 KGC 11
13 CME 10
14 CMG 10
15 GLW 10
16 WFC 10
17 RKLB ðŸš€ 9
18 GE 7
19 WMT 7
20 AAL 6
21 BLDR 6
22 CNM 6
23 DHI 6
24 MMM 6
25 PHM 6
26 TMF 6
27 COST 5
28 NAIL ðŸš€ 5
29 USB 5
Stocks Breaking Out Of A Base

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.