Rangebound

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 ?
Despite a decline in forecasted sugar production in 2015 visavis previous year, prices are expected to remain rangebound over the foreseeable horizon on account of carry over stocks.
The market got off to a lackluster start following a largely muted lead from Wall Street overnight with trading remaining rangebound, until investors were given a flash of encouragement mid-morning with data from the HSBC flash China manufacturing purchasing managers' index for October.
Some buying has occurred on the back of Ukraine concerns, but for the moment we are still rangebound," said IG trader Brenda Kelly.
As long as the value of the rupee is rangebound, which is what we believe it will be, I do not think it should be a matter of concern.
The general view on this is that the markets will remain rangebound in the short term.
The on-going Syrian conflict will remain a headline for the majority of the day as choppy, rangebound trading dominates market activity," said Sucden brokerage analyst Kash Kamal.
Analysts expect Treasuries will remain rangebound ahead of that report, with 10-year note yields unlikely to break above support at around 2.
18 percent in December, and the central bank said there was likelihood that inflation would remain rangebound around current levels heading into 2013/14 fiscal year starting April.
There is an increasing likelihood of inflation remaining rangebound around current levels going into 2013-14.
Traditional markets may have been somewhat rangebound of late, but with a growing number of items on the geopolitical agenda, the trading opportunities offered on the Renminbi may well act as a welcome respite and our customers will now have the ability to trade this currency.
Traders said they expected the index to remain technically rangebound in the near term.
In 1929, the price of copper exceeded 18 cents/1b, after being rangebound between 12 and 14 cents/lb for 8 Years.