| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | CTRA | 44 | Coterra Energy Inc. |
| 2 | APO | 24 | Apollo Global Management, Inc. |
| 3 | EXE | 24 | Expand Energy Corporation |
| 4 | C | 14 | Citigroup, Inc. |
| 5 | NLY | 9 | Annaly Capital Management Inc. |
| 6 | SPG | 9 | Simon Property Group, Inc. |
| 7 | YUM | 9 | Yum! Brands, Inc. |
| 8 | YUMC | 7 | Yum China Holdings, Inc. |
| 9 | COST | 6 | Costco Wholesale Corporation |
| 10 | ROST | 6 | Ross Stores, Inc. |
| 11 | ZBH | 6 | Zimmer Biomet Holdings, 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.