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 ?
Treasury Market Outlook: Treasury yields have fallen modestly from early highs, in tandem with core EGB rates and most Asian sovereigns, but action was range-bound as the market assess the reshuffles out of the White House and monitor trade developments.
The rupee-dollar parity traded range-bound in the interbank.
The dollar stayed range-bound as the rupee inched down by one paisa on Friday with dollar trading at Rs110.
As more institutional investors look to square off their books so as to ensure a profit before the end of the year, I expect gold prices to be under a little pressure, yet remain range-bound for this year between $1,250 and $1,300," Karim Merchant, CEO and managing director of Pure Gold Jewellers, told Gulf News.
It is said the market was range-bound as falling crude inventories provided price support while high output was capping gains.
79 continued to suggest that the market would remain range-bound between the 7,000-7,400 levels in the near term.
CBOE Launches S&P 500 Range-Bound Premium Income Index
In a world of continued (US) shale productivity gains that cause other oil producing regions around the world to become highly focused on cost competitiveness, we believe investors and companies should prepare for an environment of range-bound oil prices," Goldman Sachs said in a note to investors published late on Wednesday.
Pramit Brahmbhatt, Veracity Group CEO, said: "Rupee traded range-bound and ended almost flat near previous close.
Global Banking News-January 6, 2014--Analysts expect Indian markets to remain range-bound
Summary: The RBI also released its quarterly review on Monday, indicating that inflation will remain range-bound at present levels with a fuller recovery likely to begin only at the end of 2013-14.
In New York, dollar-yen trading remained range-bound, given a bigger-than-expected rise in U.