test

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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.
References in periodicals archive ?
05 on both Cochrane-Armitage exact test of trend and logistic regression for total animals.
Statistical analysis of the relationship between patients' history of tobacco use and the presence of HPV within their tumors using the Fisher exact test revealed this distribution to be statistically significant (p = 0.
We found a positive but non-significant effect: 10 of 11 nests within 20 m of a Marsh Wren nest were depredated, compared to 23 of 34 nests >20 m from a Marsh Wren nest (Fisher exact test, P = 0.
Fisher's exact test to assess the association between demographic and clinical variables, and frequency of suicide attempts Demographic and clinical variable p-values * Living conditions against frequency of suicide 0.
Eleven newborns in the NB group and 1 in the CS group weighed <2 500 g, which is of no statistical significance (Fisher's exact test, p=1), and a total of 11 newborns (2.
When the chi-square test was not suitable, a Fisher's Exact test was used.
If you have a public light and power study (PLP), then instead of the rule of thumb, you can apply a more exact test.
328 Fisher exact test Notes: The null hypothesis is Ho: there is no difference in behavior between the two data sets.
Work remains to establish the exact test protocol, although these conditions have been agreed to and identified as the basis for a full protocol of whisker test conditions, the groups said.