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.
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Kreyer believes shares will likely be range bound until a new CEO is named and a strategy refresh is rolled out.
According to AHL Research report the market remained range bound amidst low volumes.
'We expect the market to remain range bound in the upcoming week amid lack of triggers,' said an analyst from Arif Habib Limited.
Market remained range bound throughout the session.
Mostly it was range bound trading as investors kept waiting for the formation of the new Pakistan government, which was denied by the Election Commission as it put on hold the Official Election results.
KARACHI -- After a day's breather, the KSE-100 index resumed its northward journey, though in range bound trading.
Summary: New Delhi [India], Jan 12 (ANI): Sensex, Nifty on Friday continued to be range bound, wiping out morning gains after four Supreme Court judges raised concerns over administration of the top court.
"Gold is likely to remain range bound, with bias to the downside," Century Financial Brokers added in a research note.
Traders and analysts expect range bound and volatile trading to prevail in the upcoming week in the backdrop of trigger-less market.
'Chartwise, the week's close at 7,146.27 continues to suggest the market remains range bound between the 7,000-7,400 levels in the near term,' said BDO Unibank chief strategist Jonathan Ravelas.
Mumbai: In a range bound trade, the benchmark S&P BSE Sensex ended almost flat at 27,860.38 after scaling historic high on buying mainly in Realty and Banking sectors amidst mixed global cues.
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