Thursday October 16, 2025 Stocks Breaking Out Of A Base Today $GILD $D $CRM $TGT $AVGO $TMF $GOOG $GOOGL $UL $ABNB $B $GGLL $ON $LUV

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Rank Ticker Days Since Previous High
1 GILD 45
2 D 40
3 CRM 27
4 TGT 24
5 AVGO 21
6 TMF 21
7 GOOG 19
8 GOOGL 19
9 UL 19
10 ABNB 17
11 B 17
12 GGLL ðŸ“ˆ 17
13 ON 17
14 LUV 16
15 ORCL ðŸš€ 16
16 WPM 11
17 BBVA 9
18 ET 8
19 MU 8
20 SCHW 8
21 STM 8
22 TSM 8
23 ADI 7
24 ASML 7
25 DASH 7
26 WDC ðŸ“ˆ 7
27 Z 7
28 DHR 6
29 KNX 6
30 STX ðŸ“ˆ 6
31 USB 6
32 AMD 5
33 AU 5
34 CPB 5
35 LITE 5
36 UAL ðŸš€ ðŸ“ˆ 5
37 XEL 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.