Rank | Ticker | Days Since Previous High |
---|---|---|
1 | NNOX 📈 | 41 |
2 | ADM | 36 |
3 | BG | 36 |
4 | CMG | 33 |
5 | CCI | 29 |
6 | BBY | 24 |
7 | MCD | 24 |
8 | DLTR | 23 |
9 | CX | 20 |
10 | TLT | 20 |
11 | COST | 19 |
12 | VST 📈 | 16 |
13 | WFC | 16 |
14 | ABNB | 15 |
15 | NTAP | 15 |
16 | AUR 📈 | 14 |
17 | BROS | 14 |
18 | DG | 14 |
19 | BAC | 13 |
20 | HIMS 📈 | 12 |
21 | PINS | 12 |
22 | RBLX 📈 | 11 |
23 | SYF | 11 |
24 | AGI | 10 |
25 | ROST | 9 |
26 | TSCO | 9 |
27 | BLDR | 8 |
28 | CNM | 8 |
29 | NRG | 8 |
30 | PLD | 8 |
31 | SNDK 📈 | 8 |
32 | TPR | 8 |
33 | ACHR 📈 | 7 |
34 | ARCX | 7 |
35 | COF | 7 |
36 | EA 🚀 | 7 |
37 | EXEL | 7 |
38 | GGLL 📈 | 7 |
39 | GOOG | 7 |
40 | GOOGL | 7 |
41 | JPM | 7 |
42 | LYV | 7 |
43 | RCL | 7 |
44 | ROIV | 7 |
45 | TAL 🚀 | 7 |
46 | BAX | 6 |
47 | DRN | 6 |
48 | HD | 6 |
49 | JHX 🚀 | 6 |
50 | KHC | 6 |
51 | KIM | 6 |
52 | RETL | 6 |
53 | SBUX | 6 |
54 | SN | 6 |
55 | ZBH | 6 |
56 | AI 🚀 | 5 |
57 | B | 5 |
58 | ENTG | 5 |
59 | GM | 5 |
60 | KGC | 5 |
61 | KMX | 5 |
62 | LRCX | 5 |
63 | M 🚀 | 5 |
64 | NAIL 🚀 📈 | 5 |
65 | ON | 5 |
66 | RIVN 📈 | 5 |
67 | WELL | 5 |
68 | WPM | 5 |
69 | Z | 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.