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 ?
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).