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 ?
Finally, Ollie's stock is likely to remain rangebound until it can demonstrate improved results, especially against a difficult fourth-quarter comparison, according to KeyBanc.
Release date- 23082019 - After staying in rangebound whole week with profit taking, gold prices jumped on Friday as trade tensions between the US and China increased again.
Metals rangebound ahead of US-China trade talks this week
Crude oil: The difficulty in navigating a market with several and major opposing forces was laid bare recently when following a period of rangebound trading Brent crude oil collapsed.
"Gold price action will be rangebound in the coming weeks due to different headline hitting the wires.
Steadman "reluctantly" maintains a Buy rating, saying the need to flawlessly execute, coupled with a lack of binary pipeline catalysts, leave him to believe that Aerie shares will likely be rangebound for the near future.
In the rangebound trading, Sensex and Nifty posted marginal gains for the week ended February 22 amid geopolitical tensions and firm global cues as market participants expecting positive outcome from US-China trade talk.
Matters were further aggravated as a militant attack in Indian occupied Kashmir kept the market rangebound.
This is demonstrated in the more rangebound rise of expenditure against much higher growth for revenues, in turn allowing for a reduction in the deficit.
EBITDA could therefore decline from $5.9 billion in 2017 to $5.4 billion in 2018 and be rangebound near $5.4 billion beginning 2019 as revenue growth is offset by modest margin declines.
In currency trading, the dollar was rangebound after the US GDP data announcement and with investors focused on monetary policy meetings by the BoJ and other central banks this week.
Global equities have been rangebound after paring back startoftheyear gains in February.