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 ?
Occupant kinematics during rollover motor vehicle collisions have been investigated over the past thirty years utilizing Anthropomorphic Test Devices (ATDs) in various test methodologies such as dolly rollover tests, CRIS testing, spin-fixture testing, and ramp-induced rollovers.
The only dynamic rollover test conducted on the F-150 four-door SuperCab the dolly rollover test--was for defense purposes in Alaniz.
The National Highway Traffic Safety Administration (NHTSA) established the test program to evaluate whether the government should adopt a single rollover test.
Patrick Ponticel, NHTSA Seeks Input for Dynamic Rollover Test Plan, AUTOMOTIVE ENGINEERING INT'L, July 2001, at 168; see also NHTSA, Rollover Resistance Ratings Information, available at http.
It also added a rear-end fixed-barrier collision test and a static rollover test for vehicles with a gross vehicle weight rating (GVWR) of 6,000 pounds or less.