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 ?
Lin, "Quantitative result of [sup.13]C urea breath test at 15 minutes may correlate with the bacterial density of H.
Kamiya, "Urease-positive bacteria in the stomach induce a false-positive reaction in a urea breath test for diagnosis of Helicobacter pylori infection," Journal of Medical Microbiology, vol.
A simplified single sample [13] Carbon urea breath test for Helicobacter pylori: comparison with histology, culture, and ELISA serology.
Groups A and B also showed reduced urea breath test values which correspond to a reduced bacterial load.
The [C.sup.13] urea breath test as a predictor of intragastric bacterial load and severity of Helicobacter pylori gastritis.
The PP-CAP (R) kit utilizes a proprietary antigen and has demonstrated a sensitivity of 93.1 % and a specificity of 89.0 % when compared to a combination reference method that includes the urea breath test and the HM-CAP (R) test.
pylori was confirmed by endoscopic examination and a urea breath test.
* A simple breath test called the urea breath test will show if H.
We included participants who underwent [sup.13]C urea breath test and abdominal ultrasound (n = 2985).
Non-invasive test includes serology and carbon-labelled urea breath test. The invasive test includes the rapid urease test, histological examination and culture.
Background: The [sup]13C urea breath test ([sup]13C-UBT) is the gold standard for detecting Helicobacter pylori infection.