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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 ?
The study showed that 89.5% of subjects with an infection diagnosis based on standard of care criteria were identified as positive for alpha defensin by the Synovasure Lateral Flow Test Kit.
The prototype of the channel flow test was priorly applied to only indicate the fluidity of mortar samples, where its application was acceptable [7, 8].
Before swirl flow tests, a series of tests had been conducted using a single oxidizer axial injector.
Hence, whereas field tests are necessary for final testing, the R&D on wet gas meter technology requires the controlled varied wet gas flow conditions and low phase flow rate references of wet gas flow test facilities.
"Judgment in favor of county reversed as to plaintiffs, other than Oregon Ground Water Association, with respect to ordinance 94-89 and ordinance 94-90 permit fee provisions, permit well location provisions, plot plan submission provisions, well flow test provisions, and well construction permit provisions; remanded with instructions to enter judgment in favor of plaintiffs, other than Oregon Ground Water Association, with respect to the latter provisions and dismissing claims of Oregon Ground Water Association for lack of standing and for further proceedings; otherwise affirmed.
At this stage it is not planned to flow test the oil formations.
Uson's Optima vT includes one or two test channels with four sensors each, totally customisable pneumatics, multiple built-in automated calculators, myriad data handling and storage options and other features that combine to make the Optima best-match test technology for the greatest number of leak and flow test applications.
International Resource News-June 24, 2011--TAG Oil Ltd's four-point Isochronal flow test completed in Sidewinder-2 well(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk
(TSX-V: TAO) and (OTCQX: TAOIF) is pleased to report that a 4-Point Isochronal flow test was completed over the main discovery zone in the Sidewinder-2 discovery well, which achieved stabilized flow rates of 8.8 million cubic feet per day (~1467 BOE per day) with less than a 25% drawdown.
Completed on May 23, an initial flow test confirms the presence of a geothermal reservoir, the company said yesterday.
Introduction The ML Flow test is an immunochromatographic assay that detects IgM antibodies against M.
The melt flow test is carried out according to ISO 1133 and ASTM D1238, and measures one point on the viscosity curve under standard conditions.