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A trading range market, also known as a non-trending price region, is a common occurrence in financial markets. This refers to a period where the price of a security remains relatively stable, fluctuating within a certain range. During this time, there is no clear trend in either direction, making it difficult for investors to predict future movements. This is an important concept to understand in the world of finance, as it can greatly impact investment decisions and strategies. So, it's crucial to keep an eye out for trading range markets and understand their implications.