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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 ?
Customized commercially branded versions of Test Pilot are available to ClearLearning OEM customers.
The Walk of Honor, now in its 16th year, commemorates test pilots with ties to Edwards Air Force Base who have made outstanding contributions to aerospace.
Schneider spent the first part of his career in helicopter squadrons before going to the Navy Test Pilot School.
Thompson added that, under this test pilot, vendors will be able to cut their prices at any time -- either across-the-board or to compete for a specific agency requirement.
The Spiegel Group's merchant companies, including Eddie Bauer, Newport News and Spiegel Catalog, are preparing a test pilot and a phased rollout plan of the Newgistics solution, known as ReturnValet(tm).
George Ka'iliwai III of the Air Force Test Pilot School in 2001; Richard Hildebrand of the Air Force Flight Test Center in 1997; Charles Van Norman of the Air Force Flight Test Center in 1996; and Frederick Stoliker of the Air Force Flight Test Center in 1986.
John Miller (who, in addition to being a test pilot, flew thousands of gyroplane "air-mail" flights in the 1930s and is still an active pilot today at 95 years old) and many other famous aviation pioneers.
EDWARDS AIR FORCE BASE - First man-on-the-moon, Neil Armstrong, was among the test pilots who honored three X-15 rocket plane pilots as they belatedly received astronaut wings for flying past the edge of space.
Fatally injured in the accident were Experimental Test Pilot Bryan Irelan, 33 and Flight Test Engineer David Riggs, 48, both of Wichita.
As the shuttle Discovery was waiting to leave for Florida atop its 747 carrier aircraft, it was passed on the Edwards runway by a 64-year-old Douglas DC-3 airliner - there at Edwards to help train Air Force Test Pilot School students.
Additionally, Omtool announced that Milwaukee, Wisconsin-based law firm Foley and Lardner, the fifteenth largest law firm in the United States, has been selected to beta test pilot deployments of Genidocs.
After retiring from the Air Force, Allavie joined Douglas Aircraft Company as an engineering test pilot.