| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | JD | 41 |
| 2 | CNQ | 34 |
| 3 | QCOM | 34 |
| 4 | QBTS 🚀 | 29 |
| 5 | CONL 🚀 | 22 |
| 6 | KTOS | 22 |
| 7 | META | 20 |
| 8 | BBAI 🚀 | 19 |
| 9 | TAL 🚀 | 18 |
| 10 | AUR | 15 |
| 11 | ILMN | 15 |
| 12 | EA | 12 |
| 13 | STLA | 11 |
| 14 | STM | 11 |
| 15 | TCOM | 11 |
| 16 | APA | 10 |
| 17 | XOM | 10 |
| 18 | MARA | 9 |
| 19 | EXE | 8 |
| 20 | GUSH | 8 |
| 21 | OXY | 8 |
| 22 | CLS 🚀 | 7 |
| 23 | AAPL | 6 |
| 24 | AAPU | 6 |
| 25 | ON | 6 |
| 26 | QS 🚀 | 6 |
| 27 | SHOP 🚀 | 6 |
| 28 | ADM | 5 |
| 29 | ENPH | 5 |
| 30 | FERG | 5 |
| 31 | SBUX | 5 |
| 32 | VLO | 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.