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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.


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 ?
After a 30 minute moderate-intensity warm-up, all participants underwent a pre-test based on four motor coordination tests that were performed over two days, at two different times of day, in a randomized order: first half of the participants in the early morning (8.
It also has gym games where you can challenge your friends in fitness, balance and coordination tests.
In a series of tests, the scientists found that when such animals received trehalose in their drinking water, they had fewer protein aggregations in their brain cells, less brain-cell death, and better scores on coordination tests than did similar mice not getting trehalose.

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