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 ?
He said that medical screening tests included tests of different diseases including Hepatitis, TB, etc.
Pursuant to the agreement, PerkinElmer will become Good Start Genetics' exclusive commercial partner in the sales and commercialisaion of the screening tests to targeted OBGYN and MFM doctors in the USA.
Blacker's reservations are supported by recent research that compared the scores of a group of older adults on objective pen-and-paper memory tests with the same participants' scores on Web-based subjective screening tests, in which they answered questions about the quality of their memory.
Data Source: A cost-effective study of Down syndrome screening tests based on a computer model including 110,948 pregnancies.
And, how do I reconcile my own choosy approach to screening tests with my political advocacy for health care for all?
Nathan Kuppermann of the University of California, Davis, said, "With declining rates of bacteremia after licensure of the pneumococcal conjugate vaccine, and the lack of a perfectly sensitive and specific screening test, the likelihood that a 'positive screening test' represents a false-positive result increases, which may lead to more unnecessary antibiotic use (Arch.
If you receive a normal report but a life-threatening disease is really present, then you will have received false reassurance that could interfere with your recognizing symptoms or getting appropriate screening tests later.
Also called the maternal serum screening test, the triple marker looks for the presence of three chemicals, the levels of which may indicate the possibility of a chromosome or neural tube defect.
In general, a screening test is cost-effective (less cost and more benefit) when the incidence of the disease is common enough to warrant screening, the disease has a long asymptomatic period during which the disease can be identified, or the specificity of the test is high, resulting in less false-positive tests.
Medicare now covers a number of screening tests for cancer.
On average, for every three patients who undergo prostate biopsy based on abnormal results from prostate screening tests, only one patient is found to have cancer," he explains.
Developmental screening tests are becoming more common, trying to identify children with developmental delays.