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 ?
You'll be put to the test by Sylvester Stallone himself with pad work, punch bags, speed balls and even running on the treadmill.
Cameras also follow 26-year-old doctor Ruby and her partner Colin, whose opposing personalities were put to the test when she suffered with post-natal depression.
After months of preparation, his hard work will be put to the test as Desmond's family and friends arrive for the first shoot, but it is up to the gentleman farmer to put on a good show.
New transport plans put to the test as thousand of rugby fans flood Cardiff We didn't have any issues at all amazing organisation on the park and ride from Cardiff City Stadium.
Dan Patrick and House Speaker Joe Straus were put to the test multiple times.
The Conservatives have put up poor results in byelections since winning a majority government in 2011, and will again be put to the test in two contests in Ontario and Alberta on Monday.
We all like to think that in a similar situation we would react in the same quick and decisive manner, though we can never be sure until put to the test. But Kelly certainly rose to her own personal challenge and passed with flying colours.
Given the challenge finale is happening on Bloomsday, this is being put to the test in Laois with a route planned to avoid all pubs.
OLYMPIC medal winner Jade Jones' other sporting skills will be put to the test in Superstars.
4 Recipes to make your Halloween party go with a scream 5 Emma Jenkins tackles the problem of getting children to eat different food 6 The restaurant at Jolyons at Number 10 is put to the test and James Bond leaves Vishal shaken and stirred 7 Clive Edwards on the history of the oak tree 8&9 What can you pack into a weekend in Wexford, quite a lot as Sam Moon discovered 10 Pick a fantastic holiday from our readers' selection 11 10 great last minute half-term breaks 12&13 Next week's TV highlights plus books, DVDs leases 14 Your seven day TV listings Edited by Margaret O'Reilly email: margaret.o'reilly@mediawales.co.uk tel: 029 2024 3768 Designed by Adrian Osmond and Samantha Jones Cover picture by Peter Bolter
Reprobate Alex Hopper (Taylor Kitsch) enters into a career in the US Navy and manages to become a lieutenant, however his plans to marry his sweetheart - Sam Shane (Brooklyn Decker) - are put to the test since he must convince her father, an admiral in charge of the Pacific fleet, that he is a worthy match.