Looking for Action? S&P 1500 Most Volatile Stocks

by: Bespoke Investment Group

For traders with a short-term time horizon who are looking for big moves over a short period, we have updated our list of the S&P 1500 stocks trading above $10 that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last 50 days). The stocks are grouped based on whether they have a rising or falling 50-day moving average (DMA). Stocks highlighted in gray are new to the list this month.

Of the 50 most volatile stocks in the S&P 1500, slightly more than half have rising 50-day moving averages. Of the names highlighted, there are only four stocks that have an average intraday range of 5% or more. These stocks are Blyth (NYSE:BTH), Zales (NYSE:ZLC), Rubicon Technology (NASDAQ:RBCN), and Intrepid Potash (NYSE:IPI). For the first time in several months, there are no triple-digit priced stocks on the list. This month's highest priced stock is Medidata Solutions (NASDAQ:MDSO), which trades at a level of $97.15 and has a daily intraday range of 3.6%.

In terms of sector distribution, nearly 40% of stocks on the list (19) are from the Consumer Discretionary sector. The sector with the next highest number of stocks is Technology with nine. As one might expect, given the lack of volatility in Utility sector stocks, there are no stocks from this sector on the list.

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