Rank | Ticker | Days Since Previous High |
---|---|---|
1 | EOG | 36 |
2 | ERX | 34 |
3 | XP | 34 |
4 | XOM | 31 |
5 | BF-B | 25 |
6 | GUSH | 22 |
7 | PR | 21 |
8 | OVV | 20 |
9 | PSTG 🚀 | 20 |
10 | SNOW 🚀 | 20 |
11 | CRM | 18 |
12 | RBRK | 17 |
13 | FANG | 16 |
14 | DOCU | 15 |
15 | NCLH | 15 |
16 | UPST 🚀 | 15 |
17 | DDOG | 14 |
18 | NET | 14 |
19 | TEAM | 14 |
20 | PBR | 12 |
21 | AEO 🚀 | 11 |
22 | CCJ | 11 |
23 | CRDO | 11 |
24 | DLTR | 11 |
25 | EXE | 11 |
26 | FFTY | 11 |
27 | IONQ 🚀 | 11 |
28 | NVDA | 11 |
29 | PBR-A | 11 |
30 | WBD 🚀 | 11 |
31 | GEV | 10 |
32 | HWM | 10 |
33 | NVDL 🚀 | 10 |
34 | BA | 9 |
35 | CLF 🚀 | 9 |
36 | COHR | 9 |
37 | CORZ | 9 |
38 | PINS | 9 |
39 | SOXL 🚀 | 9 |
40 | AAPL | 8 |
41 | AMZN | 8 |
42 | AMZU | 8 |
43 | APLD 🚀 | 8 |
44 | AVGO | 8 |
45 | CRWV 🚀 | 8 |
46 | MFG | 8 |
47 | MRVL 🚀 | 8 |
48 | NRG | 8 |
49 | QQQ | 8 |
50 | RGTI 🚀 | 8 |
51 | TTD | 8 |
52 | VST | 8 |
53 | AAPU | 7 |
54 | APH | 7 |
55 | ARM 🚀 | 7 |
56 | BTDR 🚀 | 7 |
57 | CRWD | 7 |
58 | DT | 7 |
59 | EVGO 🚀 | 7 |
60 | PANW | 7 |
61 | PYPL | 7 |
62 | TQQQ | 7 |
63 | TSM | 7 |
64 | VRT | 7 |
65 | ZS | 7 |
66 | DELL | 6 |
67 | DG | 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.