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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
While investigating for probable clues to suggest TB, it has been evident that in some patients, the Mantoux test and CSF TB-PCR can become negative.
Mantoux test demonstrated an induration of 28 mm at the end of 72 hours (N < 10 mm).
Tuberculosis may present with pancytopenia, features of hemophagocytosis in bone marrow, and negative Mantoux test does not rule out the diagnosis.
Though it is well established that Mantoux test should not be used as a diagnostic tool in adults still 16(31.4%) clinicians felt that Mantoux test result can be considered for initiating treatment.
Kumar et al3 and Pandhi et al8 have observed very high rates of Mantoux test positivities in their
Screening for TB involves a simple skin test - a Mantoux test - which is examined two to three days later and will show whether someone has been exposed to the TB germ.
Routine biochemical and hematological investigations, Mantoux test and chest X-rays were done for all patients.
The aim of this study is thus to highlight any cases of tubercular infection in order to measure the performance of two tests: Mantoux test and an in vitro assays (T-SPOT-TB).
The USPSTF recommendation to screen asymptomatic high-risk children for TB is based on the effectiveness of early intervention (14 controlled trials) and the accuracy of the Mantoux test.
PASSAR screens, level-of-care verification, physicians' orders, and Mantoux test results for tuberculosis are just a few examples of required documentation, some of which can significantly affect payment if not obtained properly.