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 ?
Interpretation of syphilis test results is often difficult in asymptomatic patients, especially when new-generation tests are used in low-prevalence countries (13).
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HDS will incorporate the ABMC Syphilis test strip into HDS' Rapid 1-2-3 Hema[R] EXPRESS[TM] delivery system.
The announcement related to the Syphilis test kit was well received.
Chembio is using DPP to develop a number of new tests, including an oral fluid HIV test and a syphilis test pursuant to a recently announced collaboration with the U.
The Company through its R&D facility in the United States developed and tested the Syphilis test kit and has begun to manufacture and ship the test kits to distributors.
The acquisition of the exclusive rights to this syphilis test kit will result in substantial cashflow for the Company.
Similarly, the Murex ICE(TM) Syphilis test is proving to be the market