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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 new rules also require that during the first three phases of the stem cell experiments, testees cannot be charged.
78,24 % of the respondents think that the most important decisions in the school are mode with the participation of all interested in it (47,67% agree very much with the assertion and 30,57% of the testees agree).
La proposition P1 est testee via une methode non-parametrique dans un premier temps (analyse discriminante).
i]) sont les plus influents dans les conditions testees.
The testees whose scores were within the defined elementary range outnumbered 32.
Trois categories de capacites sont definies dans I'EIAA et ont ete testees de facon distincte : les capacites de lecture et d'ecriture a l'egard de textes suivis (articles de journaux, correspondance, fiction, etc.
If positive, testees begin a nutritional program which emphasizes the necessity of protein in a daily diet.
In making an effort to put all their formal (or meta-linguistic) lexical knowledge to practical use while working on the test, the testees arrive at solutions that give them a basis for consolidating the knowledge about which they have not yet become fully confident.
Toutes les importations de crevettes en provenance de Chine, d'Indonasie et du Vietnam doivent maintenant etre testees pour detecter l'eventuelle presence d'un antibiotique interdit.
Tests of classifying an aggregation of selected objects according to an equivalent attribute follow, and separately, a classification test of plant food items in which women of different ages were a majority of testees.
Moreover, there will be fewer complaints from the testees regarding results because the test is completely objective.
Certes, toujours d'apres lui, les nouveautes energetiques testees par l'USA notamment, telles que le tight oil et le gaz de schiste, pourraient faire partie de notre mix energetique, mais cela pourrait retarder la mise en œuvre du programme des energies renouvelables et renforcer notre dependance aux hydrocarbures conventionnels.