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.
While volatility in the overall market has picked up, volatility among individual stocks hasn’t really seen a notable uptick. In fact, compared to our last update in mid-August, the number of stocks with an average daily intraday move of more than 5% has actually declined. The reason for this is that while September has seen an uptick in volatility, the 50-day period now no longer includes the volatility spike following the Brexit vote. The title of most volatile stock this month belongs to Bristow Group (BRS), which has seen an average intraday range of 6.9%. However, at a price of $12.68 per share, that range works out to less than a dollar. The highest priced stock on this month’s list is LendingTree (TREE). At a price of $92.38 per share, the stock has had an average daily range of $4.25 per share over the last 50 trading days.
Finally, while things have really calmed down in the Energy sector this year, the number of stocks from the sector making up the ranks of most volatile is still extremely high at 17 of the 50 stocks listed. Behind Energy, the sector with the next most number of stocks listed is Materials, which has also been no stranger to volatility in the last several months.