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 ?
There was negative correlation between duration (in years) and the Schirmer's test (in mm) and this correlation was statistically significant (r =-0.
Table-II: Change in Tear film breakup time and Schirmer's Test with visits (N = 240)
Table-3: Comparison between Schirmer's test and tear break up time test in eyes with Pterygium.
6) The presence of dry eyes and mouth for 3 months, reduced unstimulated salivary flow and a positive Schirmer's test in the presence of auto-antibody anti-Ro (SSA) with exclusion of other secondary causes established the diagnosis of primary SS.
Ocular surface inflammation was controlled, and we observed longer BUT and higher Schirmer's test values.
Nineteen male, adult mongrel dogs between 2 and 4 years of age, average weight between 8 and 14 kg were selected after physical (inspection; Schirmer's test I; biomicroscopy; aplanation tonometry; fluoresceine test) and complementary exams (hemogram and biochemical).