Rangebound

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Rangebound

Describing a security that trades between two relatively close prices. That is, a rangebound security is not trending in either direction. For example, a stock that trades between $45 and $46 over the course of a trading day may be described as rangebound.
References in periodicals archive ?
Dubai: UAE stocks may witness range bound trading next week as investors focus on global events along with Emaar Properties results.
Contract notice: Automatic articulated ladder truck with the last stretch of 30 meters working range bound for the fire intervention unit.
Mumbai: In a range bound trade, the benchmark S&P BSE Sensex ended almost flat at 27,860.
The statement was made based on the 'tepid' loan and deposit growth, range bound net interest margins (NIM) and weak asset quality, said Jefferies.
The dollar, meanwhile, was range bound against the yen amid a lack of fresh trading cues, they added.
M Hassan told that the markets remained range bound with stock specific activity as key development expected in the coming days.
Hassan told APP that range bound trend was witnessed in market today, but increase in volume of shares in KSE showed the increase participation of investors.
However, the S&P 500 stayed range bound as market participants warily eyed the BLS's unemployment report.
Markets to remain range bound despite great uncertainty
Gnanashekar Thiagarajan, director at Commtrendz Research: "Over the medium term, crude is expected to be range bound with a bearish bias.
Rupee which was quite range bound throughout this week is now waiting for the release of the Budget which is the next major trigger for the domestic markets," said Abhishek Goenka, Founder & CEO, India Forex Advisors.
In New York on Monday, the dollar moved narrowly against the yen amid lack of fresh trading cues, while the euro was also range bound as some uncertainty remained about the European Central Bank's bond purchase program, dealers said.
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