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Technical AnalysisR
Range-Bound Market
A market condition, also referred to as a choppy or noisy market, in which price bounces between a defined high (resistance) and low (support) without establishing a clear trend. Price repeatedly fails to break through either boundary, creating a sideways consolidation pattern.
Example
“The S&P 500 spent three months in a range-bound market between 4,400 and 4,600, frustrating trend-following traders while rewarding those who bought support and sold resistance.”