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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 ?
Tester also heard from veterans about the need for comprehensive care for women veterans.
It is the essential platform for managing a spinning mill with quality in mind, with the intelligence to collate and integrate laboratory test data from the USTER(r) TESTER, USTER fiber testing instruments and USTER online monitoring systems.
The choice between manual and downloadable PAT testers boils down to the number appliances which have to be tested.
Development teams risk delaying the release schedule if the RF ATE tester lacks laboratory-grade performance correlation.
Introducing "budget" leak tester and leak testers for industrial containers from 5L to 220L and technical-part testers that allow control of test jigs for quick changeover without need for an external PLC.
Clip the wire end of the continuity tester to the screw terminal to which the black wire was attached.
Field testers were identified through colleagues in local and state health departments.
Tester 2: It really perks your skin up before a night out.
The PosiTest Pull-Off Adhesion Tester uses a unique self-alignment system that enables an evenly distributed pull-off force on both smooth and uneven coating surfaces.
The Model 204 PC Cable Tester and the Model 205 Universal Cable Tester are lightweight, portable, battery/AC-powered cable testers that can be used for testing just about any cable or harness in fractions of a second.
Observers made the contact with the volunteer tester, set up a time, went to the tester's desk, and observed and took notes.
That changed in December, when the Clinton EEOC announced it had signed contracts with private groups in Washington and Chicago to support exploratory tester programs.