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 ?
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.
El Zayat added: "The market, in my opinion, is still caught in a range-bound channel and lagging the euphoria that is prevailing across the board for global equities, with Dow Jones registering a historical record above the 14,400 mark and growing optimism about the global economy propelling the MSCI All-Country World Index of equities to a 56-month high.
Summary: Dubai blue chips rose on Sunday, although the wider index remains range-bound below a key psychological level, while most other Gulf Arab markets also advanced.
stock markets remained range-bound because the investors preferred to be sideline.
Stock Analyst, Ismail Iqbal Pvt Ltd, Jeewan told that the market remained the range-bound because the activities were very low due to less participation of investors against previous day.
Regional markets will be range-bound during the week, said another market participant, who didn't want to be identified.
Of course, whether a market is trending or range-bound depends on the timeframe.
After making a dreary opening on Tuesday, July 27, 2010 ahead of RBI policy and corporate results, the key benchmark indices drifted in a range-bound manner at the later morning trading session today.
KARACHI, May 11 -- The Karachi stock market witnessed range-bound trading activity on the first trading day of the week Monday and closed in the positive zone.