For traders with a more short-term time horizon, we have compiled a list of the S&P 1500 stocks that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last fifty days). We then grouped the stocks based on whether they have a rising or falling 50-day moving average. Stocks highlighted in gray are new to the list this month.
Indicative of the market's recent volatility, ten stocks in the S&P 1500 currently have an intraday range of over 15%. But the most interesting aspect of this month's list is that for the first time in several months, there are more stocks with rising 50-day moving averages than falling 50-days. This suggests that the most recent leg lower has been confined to a narrower group of stocks.
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