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 50 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.
Once again this month, the majority of stocks (28) listed are in the Energy sector. However, unlike prior months where nearly all the Energy sector stocks on the list had falling 50-DMAs, now just nine of the 28 Energy sector stocks shown have moving averages that are declining. Of the remaining seven sectors represented (no stocks from Consumer Staples or Utilities) on the list, the next most is Health Care with just nine. This month, the title of most volatile stock still belongs to Bill Barrett (BBG), which averages an average intraday range of 7.8%. Lumber Liquidators (LL), which has been no stranger to controversy, is the only other S&P 1500 stock that has averaged an intraday move of more than 7.0%. With a share price of just $32.25, LL’s average daily move works out to $2.30 per day, ranking it the sixth most volatile name in point terms. On a dollar basis, the most volatile stock listed is Ligand Pharmaceuticals (LGND), which sees an average daily move of $3.82 ($85.39 x 4.5%).