Tuesday, February 22, 2011
Scottish & Southern Energy [Electric Utilities] drops on high volatility - Power
Scottish Southern Energy (SSE.L), the 2nd largest electric utilities company by market capitalisation in the United Kingdom, traded between an intraday low of GBX1,195.82 and a high of GBX1,229.0, suggesting a trading opportunity between peaks and troughs. Today its volatility (highest price minus lowest price/lowest price) of 2.8% was 1.7 times the average daily volatility of 1.6%, up from 2.7% on Friday and 0.8% on Thursday. A price fall on high volatility is a bearish signal. The stock
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