DEFINITION of 'Closing Range'

The band of prices that a security trades at in a specified period, shortly before market close. In the futures market, it refers to the trading range or the minimum and maximum prices that a contract traded at, during the official closing period specified by the exchange.

BREAKING DOWN 'Closing Range'

The closing range for a specific security will generally not be very wide, in the case of an orderly market, but may be quite significant during periods of volatility and turmoil. A pattern of consistently higher closing ranges for a stock, in comparison to its prices over the rest of the day, may indicate that it is being subjected to a form of market manipulation known as "high close."

  1. Range

    Range refers to the difference between a stock's low and high ...
  2. Trading Range

    The spread between the high and low prices traded during a period ...
  3. Previous Close

    A security's closing price on the preceding day of trading. Previous ...
  4. Below The Market

    An order to buy or sell a security at a price that is lower than ...
  5. Buy Limit Order

    An order to purchase a security at or below a specified price. ...
  6. Close Position

    Closing a position refers to a security transaction that is the ...
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