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 ?
Patch testing with Indian standard series in ACD patients by G Narendra, CR Srinivas (22) revealed 7.
Results of routine patch testing of 542 patients in Saskatoon, Canada.
Stables GI, Forsyth A, Lever RS: Patch testing in children.
In the study, oxidized linalool was added at patch testing for more than 3,000 patients who wanted to find out what was causing their eczema.
Methods: A retrospective analysis of the records of patients who underwent patch testing for suspected acute allergic contact dermatitis at the Department of Dermatology of the Medical Sciences Campus of the UPR, from March 31, 2001 to May 31, 2005.
If there is any doubt as to whether a patient has a true allergy to neomycin, skin patch testing may be performed.
Dermatologists have reported anecdotally that positive reactions to PPD in patch testing is increasing in frequency.
In patch testing, irritancy and/or sensitization is evaluated by using a patch such as the Hill Top Chamber or Finn Chamber along with medical adhesive tapes affixed to woven patches.
Safer hair dyeing is on the new cards HOME dye kits warn about potential allergic reactions and recommend patch testing and salons should also offer the service - but few of us take up the patch test.
Beryllium skin patch testing to analyze T cell stimulation and granulomatous inflammation in the lung.