Looking For Action? S&P 1500 Most Volatile Stocks
Wednesday, July 11, 2012 at 12:29PM 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). Stocks highlighted in gray are new to the list this month.
Even after the June rebound in equity prices, our list of most volatile stocks is more skewed towards the side of stocks in downtrends (falling 50-DMA). One of the more noteworthy additions to this month's list of volatile stocks in downtrends is Tempur-Pedic (TPX), which has averaged an intraday daily move of 6.1% over the last 50 trading days. Over that same time period, the stock has seen its stock drop by more than 50% from $61 to $23.
On the positive side, two notable additions are KB Home (KBH) and Pulte (PHM). Both of these stocks have benefitted from improved housing data and have seen an average daily intraday move of more than 5% over the last fifty trading days.
Looking at sector representation on the list below, Consumer Discretionary tops the list with 17 stocks (9 in uptrends, 8 in downtrends), and is followed by Energy with 13 companies (4 up, 9 down), and Technology with 10 stocks (5 up, 5 down). There are also three sectors that have no representation on the list below, and they are Financials, Telecom Services, and Utilities.
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