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 ?
Rapid detection of methicillin resistance in Staphylococcus aureus isolates by the MRSA-screen latex agglutination test.
The noncavitating standing-wave ultrasound has been used to increase the sensitivity of different latex agglutination tests because of the increased rate of particle collision, because grafted particles are forced into the pressure nodal regions (4).
False-positive reactions in the latex agglutination test for Cryptococcus neoformans antigen.
Control ESR 10 mm/h and Echinococcus latex agglutination test was 1/10 titers.
Latex agglutination tests for detection of Candida antigens in sera of patients with invasive candidiasis.
Overall, the diagnosis of acute bacterial meningitis was confirmed with CSF culture in 41 (17%) of 243 cases, with latex agglutination test in 56 (23%), and with PCR in 243 (100%) (Table).
Detection of enterotoxigenic Clostridium perffringens in food and fecal samples with a duplex PCR and the slide latex agglutination test.
A latex agglutination test did not detect Streptococcus pneumoniae antigen.
This property has been used to develop a latex agglutination test and an ELISA to identify and detect S.