For traders with a more short-term time horizon, we have compiled a list of the S&P 1500 stocks trading above $25 per share 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 rising (uptrend) or falling (downtrend) 50-day moving averages.
As shown, following several weeks of selling pressure, commodity related names are now showing up on the list of volatile stocks with falling 50-day moving averages. Former market darlings such as PCX, MEE, CLF, ACI, AKS, are now in the same boat as market outcasts ZION, BAC, and COF. Is it just a three hour-tour for these names, or is the weather getting rough?
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