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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
A tradition that started at a time where there were no phone alerts to mark Maghrib, this is one that has definitely stood the test of time and technology.
This 2002 release has stood the test of time well, and serves as one of the better reminders of Patrick Stewart's time at the helm of the Starship Enterprise.
I feel it is about time us Christians stood up to be counted for the faith and belief we have in a God who, in spite of what Eddie thinks, has stood the test of time down through the ages for millions of people.
The late-night chats, shared heartaches and good times have created a bond that has stood the test of time.
"Whilst 50 Shades of Grey is in vogue this summer, we doubt that in 2000 years' time people will still be talking about as they do about the Bible - an enduring book which has stood the test of time and is still the world's best seller," Rachel Rounds said.
The present system has stood the test of time and this city has certainly witnessed of late that change is not always for the better.
Greggs' development team looked at traditional products and family favourites that have stood the test of time to inspire the new food.
"Many of these represent a return to the classics by children and have stood the test of time," said Geraint Davies, of teaching union the NASUWT last night.
Other People's Children: Cultural Conflict in the Classroom (The New Press) has been required reading for student teachers since it was first published in 1995, and Lisa Delpit's essays on teaching in a multicultural society have solidly stood the test of time. But as the MacArthur Fellow notes in her new introduction, a lot has happened in the past decade--NCLB and Katrina, for starters.
It would have been even better value for an extra [pounds sterling]10 and an even more complete picture of an architect who influenced not only Aalto but also Rafael Moneo and James Stirling and whose buildings have stood the test of time as few others have.
A 19th century classic study photomechanically reproduced and now available for New Testament Studies reference collections and supplemental reading lists, Strauss' Life Of Jesus is very highly recommended as a read which is especially informed and informative, a welcomed work of original and seminal scholarship that has stood the test of time.