test

(redirected from projective test)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

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 ?
Compared with projective tests, objective tests are more independent of contemporary psychological theory; are relatively brief; are frequently self-administered, require less professional training to administer, score, and interpret; have reproducible and generally acceptable norms for psychiatric and forensic populations; and are more acceptable to the court system.
A man who had long been entrusted with the care of his siblings, could only picture himself in his projective tests as "a baby smoking [sucking on] a cigarette.
Although the use of projective tests remains controversial, and evaluations drawn from them must be regarded cautiously, it seems unlikely that more extensive psychological testing would have detected unbalanced mental states in all of the percipients.
Common projective tests include the Rorschach test and the Thematic Apperception Test.