Rangebound

(redirected from Range-Bound)

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 ?
He believes the shares will likely remain range-bound until VMware proves it can execute and drive top-line growth synergies.
KARACHI -- The stock market endured another round of dull trading as the index remained range-bound amid absence of triggers.
The Pakistan Stock Exchange (PSX) remained range-bound during the week as development arising with respect to potential conditions attached to the upcoming International Monetary Fund (IMF) package compelled investors to maintain a wait-and-watch approach, a private media outlet reported.
LAHORE -- Pakistan Stock Exchange closed on a positive note after a range-bound session of trading, with the KSE 100-index gaining 40 points to settle at 41,649 points (up 0.1 percent).
Analysts expect the index to remain range-bound in the coming sessions with flows from foreigners and local institutions guiding market direction amid ongoing result season.
Karachi -- The Pakistan Stock Exchange (PSX) managed to close in the positive zone after a range-bound session saw the benchmark KSE-100 index gain 66 points in the last session of the week.
"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.
Chartwise, Ravelas said the week's close at 7,244.79 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
With global production still higher than consumption, analysts are looking for prices to remain broadly range-bound. "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.
Summary: Investment analyst says oil prices are 'trading range-bound' ahead of talks to settle a strike by workers at three major US refineries.