EP test financial definition of EP test
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The event of a price movement
that approaches a support level
or a resistance level
established earlier by the market
. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows or highs.
The attempt by a stock price or a stock market average to break through a support level or a resistance level. For example, a stock that has declined to $20 on several occasions without moving lower may be expected to test this support level once again. Failing to fall below $20 one more time would be considered a successful test of the support level and a bullish sign for the stock.
References in periodicals archive
The positive and negative predictive values of a MTWA-directed strategy and that of an EP test
alone were essentially identical," said Costantini.
Limited Tenders are invited for Supply of STEEL BALLS for Four Ball EP Test
Other competitive features include SMART Success IEGM storage, Mode Switching, Real-time IEGMs to facilitate troubleshooting and programming, as well as a sophisticated EP Test
Mode to evaluate defibrillation therapy thresholds and the efficacy of anti-arrhythmic drug therapy.