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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 ?
The results of the experiment are based on microscopic and macroscopic examination of the workpiece and the hardness test of 7025-T6 aluminium alloys.
In 2011, ASTM developed a new E384 standard for Vickers hardness testing that combined several testing procedures, including the E92 standard and the formerly separate Knoop hardness test standards.
When selected by the user, the pendulum hardness test unit performs a full, automated calibration routine using the glass calibration tile supplied.
One of the mostly used is Vickers hardness test.10 Hardness is often expressed in percentage; the surface hardness is always compared to 100% which represents the maximum surface hardness.
All hardness tests should be done with care and with suitable controls.
Unlike the Brinell hardness test, which is mainly concerned with the average pressure under the indenter and maximum contact radius a, Rockwell hardness is determined by the indentation load, relative depth, and indenter geometry.
The area for the hardness test has several criteria that must be met for an accurate test.
In this modification of the traditional Vickers hardness test, both load and displacement were monitored during the indentation cycle.
They have a monolithic structure and are a single, rigid, uniform whole; a hardness test is more definitive and a better measure of wear resistance.
Abstract The purpose of this study was to investigate the influence of process parameters (current density, temperature and pH) on the mechanical properties of galvanic deposition of nickel with Martens hardness test. Analyzing samples obtained by galvanic deposition process using Martens hardness we could show that there are significant differences between the technological parameters of the deposits made and we could find related to the deposition parameters in order to have a galvanic deposition expected outcomes.
Over the years, the so-called 'Leeb hardness test' (aka 'Equotip test') has become extremely popular and widely established.
In the case of the conventional hardness test, hardness is calculate used the plastic component of strain and the universal hardness is used for both component deformation, plastic and elastic deformation component.