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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 ?
The analysts used logistic regression to identify characteristics associated with recent HIV testing and, among those who had been tested recently, anonymous testing, testing because of exposure to risk and receipt of counseling with testing.
Almost everything that comes into the Army is tested by the [command].
ProLab is unique in the industry for providing a library of a wide variety of media types, enabling the developer to emulate virtually any end device and send multiple streams of real audio/video traffic over a network to the tested device in order to replicate any sort of network environment.
This further dichotomized developmental test and evaluation (DT&E), where the acquisition community tested systems and subsystems against engineering and contract specifications, and operational test and evaluation (OT&E), where operators tested the entire systems including its support infrastructure against the mission requirements.
About 1 percent have tested positive for HIV, and most got their results within an hour, Cohen and her colleagues report in the Sept.
If not, the next question to ask is, "How can you create smaller subsets of the database to perform testing efficiently and still have complete confidence that the applications are being tested with the realistic test data?
In 1995, according to survey data collected by Tyler Hartwell and his colleagues, less than 14 percent of work sites randomly tested employees for alcohol.
For Waupaca, a typical test frequency of 20 kHz achieves an effective depth at 1-3 mm, depending on the matrix structure of the ductile iron that is being tested, Waupaca experienced problems with pearlite skin condition, which aggravated testing results.
All graduate students were tested at the beginning of the course, before a lecture on principles of testing.
Many states set up test sites where people could get tested anonymously, without ever giving their name.
For example, thin-films maybe tested according to ASTM D1709, while polycarbonate used in automotive parts would be covered by either ASTM D3763 or ISO 6603-2.
To demonstrate Token Passing Bus interoperability, a test methodology was designed by NBS scientists and engineers and tested by equipment vendors working closely with NBS.