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 ?
Two groups were compared for mean low (250, 500, 1000, 2000 Hz) and high (4000, 6000, 8000 Hz) frequency hearing thresholds, bithermal caloric test results, and vertigo control.
The caloric test has been used for many years in the detection of vestibular damage and is accepted as a reference standard.
By convention, caloric tests used binaural, bithermal, closed loop air irrigations of 40-s durations with warm (50[degrees]C) and cold (24[degrees]C) temperatures separately.
Nine of the 68 VS patients displayed abnormal VEMP and normoreflexia from the caloric test [Table 1].
A failure to correct for preexisting nystagmus during caloric tests might have suggested misleading diagnostic possibilities.
The asynchrony of input from the vestibular periphery is seen on the simultaneous binaural bithermal caloric test.
Dynamic posturography and caloric test results in patients with and without vertigo.
The alternate binaural bithermal caloric test elicited a 0% reduced vestibular response and a 0% directional preponderance.
The alternate binaural bithermal (ABB) caloric test revealed a 25% reduced vestibular response (RVR) right and a 6% right directional preponderance (DP).
The alternate binaural bithermal caloric test showed no abnormal reduced vestibular response or directional preponderance.