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 ?
When interpreting WR samples, one should look at the whole profile of HBV tests, including the HBsAg neutralization test and assays of other hepatitis serologic markers, to provide the most accurate status of HBV infection to clinicians.
In the neutralization test, 16 of 19 paired serum samples showed seroconversion ([greater than or equal to] 4-fold increase) to the MI-110 strain of Getah virus (Table).
Focus also plans to start offering in its laboratory a confirmatory Flavivirus (WNV) plaque reduction neutralization test (PRNT) by Summer 2003.
The gold standard laboratory test, the Plaque Reduction Neutralization Test (PRNT), has been used to determine the ability of the antibodies to neutralize the infectivity of the virus in an individual following vaccination.
The presence of ONNV-specific neutralizing antibodies in the second serum sample was confirmed by a virus neutralization test.
To determine the presence of neutralizing antibodies in the serum samples, we used an orthopoxvirus 70% plaque-reduction neutralization test as described (4).
000 RFU as saturation signal; VNT, virus neutralization test (highest neutralizing serum dilution indicated); NT, not tested; --, negative.