Looking For Action? S&P 1500 Most Volatile Stocks

by: Bespoke Investment Group

For traders with a more 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). We then grouped the stocks based on whether they have a rising or falling 50-day moving average (DMA).

As of this month, there are only eight stocks trading above $10 per share in the S&P 1500 that have an average daily high/low spread of more than 5%. If the recent pickup in volatility that the market has seen over the last few trading days continues, however, you can expect a substantial increase in this number. Energy has been one of the weaker sectors of the market this year and is in a steady downtrend, so it shouldn't be too much of a surprise to see that three of the four most volatile stocks in downtrends (declining 50-DMA) are all from that sector. What is interesting, however, is that the two most volatile stocks in uptrends (rising 50-DMA) are both from the Energy sector as well.