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 ?
For example, Andreasen JO et al.11 and Skieller V et al.18 reported that up to one-half of all luxation injuries will show no response to sensibility testing immediately after trauma, and Gopikrishna V et al.3 found that positive responses to thermal/electric pulp tests increased from 0% on the day of trauma to 94% after three months.
In the present report this observation is confirmed and extended to an electric pulp test where reproducible values were obtained for both starting at week 7.
Preoperative radiographs and pretreatment pulp vitality testing (cold test and electric pulp test) was carried out.