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 ?
000) than the standard TB skin test used today and is on track to deliver equivalent or better sensitivity," said Tracy Thompson, PolyBatics chief executive officer.
Julie said it was a disgrace that hairdressers did not bother doing skin tests as she said people put their trust in them.
Moreover, consideration of cockroach allergen in the routine skin tests in this geographic location seems reasonable.
Skin tests with zinc applications were significantly more likely to have positive results than the simultaneous contralateral control skin tests with placebo cream applications (94% zinc vs.
Compared with the skin test, the QuantiFERON test is unaffected by subjective interpretation, previous vaccinations or unrelated mycobacteria, officials said.
The pilots follow the endorsement of the Gamma Interferontest as a supplement to the skin test by the European Commission's Standing Committee on the Food Chain and Animal Health in Brussels last month.
In this study, fewer than one third of all persons with newly documented positive skin tests detected during contact investigations were proven to have completed treatment.
A final decision on the extent of the wildlife survey will be made later this month, after the state agricultural department receives results of non-lethal TB skin tests on 280 cattle and 200 farmed elk.
Pupils and teachers were given skin tests and 11 children showed positive.
Used primarily for testing efficacy and safety of consumer products, MatTek's EpiDerm, Epi-Ocular, MelanoDerm and other test systems have been developed to help avoid the particularly painful, corrosive eye and skin tests animals endure in consumer product testing.
The researchers also did skin tests to gauge sensitivity to alternaria, an allergy-causing mold in the Tucson area.