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.
NHTSA's new dynamic rollover tests will give consumers a valuable new tool for comparing vehicle safety and ultimately save lives," said CU Senior Vice President for Technical Policy, Dr.
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.
NHTSA is developing a new rollover test for SUVs, but says drivers should take responsibility for their own safety by wearing seatbelts, avoiding alcohol when driving and obeying speed limits.
For more than a decade, CU has urged NHTSA to develop an on-road rollover test, which the agency is mandated to do by November 1, 2002.
The TREAD Act imposes various requirements for automobile, tire and automobile parts manufacturers, including a requirement for the National Highway Traffic Safety Administration (NHTSA) to develop a dynamic rollover test.
Consumers Union, which has twice petitioned NHTSA to develop a dynamic rollover test since 1988, believes the agency's rating system is inadequate because it isn't based on tests of a moving vehicle and can't account for what could be critical differences in emergency handling caused by suspension design, tires, steering response, or the presence of a stability-control system.
The OmniCity has already passed the rollover test specified in European tourist coach regulations (ECE R66), which stipulate that deformation of the body caused by overturning must not invade a defined survival space.