| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | AFL | 34 |
| 2 | CHWY | 31 |
| 3 | BBY | 28 |
| 4 | YUM | 27 |
| 5 | UBER | 26 |
| 6 | NIO 🚀 📈 | 19 |
| 7 | BHP | 18 |
| 8 | PLD | 18 |
| 9 | TCOM | 18 |
| 10 | OMC | 17 |
| 11 | KMX | 15 |
| 12 | FDX | 14 |
| 13 | FLEX | 14 |
| 14 | NKE 🚀 | 14 |
| 15 | PANW | 14 |
| 16 | ADBE | 13 |
| 17 | MGM | 13 |
| 18 | VLO | 13 |
| 19 | FI | 12 |
| 20 | ACN | 10 |
| 21 | MCD | 9 |
| 22 | MPC | 8 |
| 23 | WDAY | 8 |
| 24 | F | 6 |
| 25 | MOS | 6 |
| 26 | AGI | 5 |
| 27 | DDOG | 5 |
| 28 | WYNN | 5 |
| 29 | XPEV 🚀 📈 | 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.