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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 provided with a drop of blood, the TAP Testing System is able to analyse whether the testee has the TAP created by the metabolism of the cancer cells.
The detection of AIDS has rested almost wholly upon voluntary testing, with a series of warnings to the prospective testee that in many ways can be described as encouragement not to be tested.
They have a potential to create in the mind of the testee certain kinds of speech events with interpretations of the illocutions and emotional reactions (not necessarily in this order).
The rating is the same for all the questions, if the testee selects the first option, he gets 5 points, he gets 4 point for the second option, and respectively he would get 1 point for the fifth option.
Cependant, dans l'etat actuel de nos informations, il s'agit encore d'une hypothese qui demanderait a etre testee sur un echantillon plus large et statistiquement plus representatif.
Cette version a ensuite ete testee individuellement et successivement aupres de trois dirigeants et de trois employes jusqu'a epuration des ambigui'tes dans les directives, le mode de reponse et les enonces de comportements.
La premiere hypothese (H1) sera testee a partir de variables budgetaires (composantes des budgets primitifs des villes, indicateurs de depenses, d'investissement, d' autofinancement, d' epargne, de richesse fiscale, d' endettement .
J'ai ete attentivement << surveillee >> par la moniale, testee et questionnee afin qu'elle s'assure de ma bonne volonte.
La signalisation tricolore au niveau des carrefours sera d'abord testee, avant sa mise en fonction, a-t-on indique, precisant que des actions de sensibilisation et d'information a l'importance de cet outil de signalisation seront parallelement menees en direction des usagers.
Cette methode testee et utilisee depuis 2 ans dans notre centre de greffe de cheveux donne de merveilleux resultats.
Ces modeles sont estimes en se basant sur un echantillon d'estimation alors que leur capacite predictive est testee sur un echantillon de controle selectionne d'une maniere aleatoire.