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 ?
The froze-thawed semen assessed to motility, progressive motility, viability, morphological acrosome abnormality and hypo-osmotic swelling test.
Hypo-osmotic swelling test (HOST) : The hypo-osmotic swelling test was performed according to the methods described by Correa and Zavos (1994).