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test
(redirected from Exact test)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
Test
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.
test
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.


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? Mentioned in ? References in periodicals archive
 
If you have a public light and power study (PLP), then instead of the rule of thumb, you can apply a more exact test.
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Statistical analysis was performed using the paired Student's t test and Fisher's exact test.
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