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 ?
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).
The TOPS psychomotor test also indicated a very high level of fatigue in the sample.
Four validity studies were conducted for the Rotary Pursuit Test, a classical psychomotor test.
a highway driving test as well as cognitive and psychomotor tests in
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.