| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | CRDO 📈 | 30 | Credo Technology Group Holding |
| 2 | NET | 28 | Cloudflare, Inc. |
| 3 | FOXA | 22 | Fox Corporation |
| 4 | ING | 18 | ING Group, N.V. |
| 5 | GFS | 17 | GlobalFoundries Inc. |
| 6 | GS | 17 | Goldman Sachs Group, Inc. (The) |
| 7 | SIRI | 17 | SiriusXM Holdings Inc. |
| 8 | ROKU | 16 | Roku, Inc. |
| 9 | APG | 15 | APi Group Corporation |
| 10 | ANET | 14 | Arista Networks, Inc. |
| 11 | JPM | 11 | JP Morgan Chase & Co. |
| 12 | AEG | 10 | Aegon Ltd. New York Registry Sh |
| 13 | XEL | 8 | Xcel Energy Inc. |
| 14 | VTR | 7 | Ventas, Inc. |
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.