Flocculation test financial definition of flocculation test
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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
Table 1: The details of flocculants used in the characterization and flocculation tests
. Cationic Molecular monomer weight molar ([10.sup.6] Synthetic Flocculants (a) content (%) Da) method PAD-1 30.0 7.0 UV PAD-2 30.0 5.0 UV CCPAM 30.0 5.0 -- PAM -- 5.0 UV (a) g/mol or Dalton or 1g/mol = 1 Da.
showed that the most appropriate condition was obtained at pH = 11.5 using Ca[(OH).sub.2] as a coagulation adjuvant and as a pH modifier.
* PAC, polyaluminium chloride, (a) PAC 39 (solution at 10% solids by weight) from Sachteleben Chemie (flocculation tests
by FBRM) and, (b) PAC supplied by Cascades Inc.