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.
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 battery of psychomotor tests evaluated five psychomotor skills: coordination and balance (CB), body scheme (BS), laterality (L), spatial organisation (SO), and temporal organisation (TO).
These psychomotor tests have included a wide variety of measures including digit-span, memory, vigilance, divided attention, and eye-hand tracking tasks.
Four validity studies were conducted for the Rotary Pursuit Test, a classical psychomotor test. The reliability of the Rotary Pursuit Test was estimated using the split-half method, and it was .93.
Psychomotor tests measure the employee's reaction time and coordination, which will provide immediate and accurate results directly related to the employee's job performance.
worsened performance on all psychomotor tests (critical fusion
Psycomotor recovery was studied by psychomotor tests for the performance of the following:
An observational study conducted in a US endoscopy suite investigated the use of psychomotor tests, in the PACU to assess recovery from sedation.