I've installed (very recently) a new pump, new t'stat & new cooling fans. When I'm tooling along, the needle hangs around the N-O range. In traffic, on a warm day, A/C off, it may get to the R-M range where the cooling fans cut in at low speed then it drops back quickly and the fans shut off. On a really hot day (>90 F), in traffic, A/C on, it sometimes makes it to the M-A range and the cooling fans go from low to high speed, it then drops back fairly rapidly to the O-R area.
If the A/C is on, the cooling fans will run at low speed all the time, which tends to keep the temp at O-R or lower except when in very hot stop & go city traffic when it's like stated above.
It all has to do with at what temp the t'stat opens, whether the fans are already running at low speed and at what temp the PCM decides to bump the fan speed up to high. Sounds to me like yours is working OK.