test

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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 ?
StatXact offers over 80 exact tests and confidence intervals, providing complete coverage of statistical tests for categorical and nonparametric statistical analysis in small samples, while LogXact offers exact logistic regression.
The ratio of isolated TSH elevations in Group A-1 was significantly higher than that in Group A-2 (Fisher's exact test, 29% vs.
Chi-square test was used when the minimum number of people in any cell was more than 5, or else Fisher's exact test was used.
Comparison of AIV-positive rates between dressed poultry stalls and retail markets by Fisher exact test.
Different non-parametric analytical procedures were used, as well as t-test, and [chi square]-test or Fisher exact test (14).
Performing the exact test of Hardy-Weinberg proportion for multiple alleles.
There was a significant increase in the use of statistical methods over time period: t-test, chi-square/Fisher's exact test, logistic regression, epidemiological statistics, and non-parametric tests.
In the study by Finn and colleagues (2016), the researchers used a Fisher's exact test (full name Fischer's exact test of independence) to test the significance of the statistical comparisons.
Chi-square test and Fischer's exact test were employed to assess differences in frequency distribution of variables, in cases where one of the 2x2 cells was lesser than or equal to 5.
Chi-Square and Fisher's exact test was applied for the association of qualitative variables between groups.
Zwick says rapid attainment of the exact test temperature is therefore "guaranteed", even with widely differing testing applications.