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 ?
Genetic analyses, Schilling test results, baseline concentrations of holo-TC and vitamin [B.sub.12], and holo-TC and vitamin [B.sub.12] increments after vitamin [B.sub.12] load in patients with inherited vitamin [B.sub.12] malabsorption.
It has been shown that nearly 50% of patients with low serum cobalamin and a normal Schilling test are unable to absorb protein-bound cobalamin as opposed to the free cobalamin used in the Schilling test[11, 16, 21, 25].
Intracellular Cbl deficiency was confirmed in patients who had normal renal function, elevated serum methyhnalonic acid, and/or total homocysteine.[1] Type A gastritis was diagnosed according to the following criteria: (1) no clinical evidence of gastric hyperacidity; (2) not taking [H.sub.2] blocker or omeprazole; (3) low Cbl levels coupled with increased antiparietal cell antibody titers, positive intrinsic factor antibody, elevated gastrin level, and/or abnormal results on the part 1 Schilling test.[7-10]
Vitamin [B.sub.12] absorption in the seven patients was evaluated by the Schilling test I and by the design described above except that the blood samples were obtained only on days 0 and 1.
Schilling tests and/or egg-yolk cobalamin absorption tests (27) gave results within the appropriate reference intervals in all cases; normal food-cobalamin absorption implies a normal absorption of free cobalamin by Schilling test as well (6).