| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | CMCSA | 43 | Comcast Corporation |
| 2 | GLPI | 41 | Gaming and Leisure Properties, |
| 3 | OMC | 39 | Omnicom Group Inc. |
| 4 | TRU | 37 | TransUnion |
| 5 | BA | 33 | Boeing Company (The) |
| 6 | OKTA 🚀 | 31 | Okta, Inc. |
| 7 | HON | 22 | Honeywell International Inc. |
| 8 | GIS | 16 | General Mills, Inc. |
| 9 | NTNX | 14 | Nutanix, Inc. |
| 10 | D | 9 | Dominion Energy, Inc. |
| 11 | INVH | 8 | Invitation Homes Inc. |
| 12 | LYG | 8 | Lloyds Banking Group Plc |
| 13 | TCOM | 8 | Trip.com Group Limited |
| 14 | SO | 7 | Southern Company (The) |
| 15 | IFF | 6 | International Flavors & Fragran |
| 16 | KR | 6 | Kroger Company (The) |
| 17 | NFLX | 6 | Netflix, 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.