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 ?
A better understanding of the test speed effect can be achieved with advanced FEA.
A 14-item questionnaire, modified from Kitsantas' (2002) study, was used to assess the self-regulatory strategies that each student generally employed before, during, and after test taking.
Of 41 samples (40 SARS and 1 H5N1) received for testing, 26 (63%) samples were not tested because clinician responses failed to satisfy the screening criteria.
Because NCLB mandates testing in major subject areas for students and using test results to determine if groups of students, teachers, and schools perform at proficient levels, schools have placed major emphases on testing, preparing for the tests, and aligning curricula, programs, course offerings, and support services with the tests.
Either before or after receiving their results, three-fifths of respondents reporting a recent HW test had received counseling that covered HIV and AIDS, HIV therapy, reasons for testing, risk behaviors or risk reduction.
For that test, technically known as computed tomographic (CT) colonography, doctors use X rays and computer programs to visualize the colon's interior shape.
For example, someone's blood test may turn up positive for amphetamines.
Introducing MiniTest FH Series of non-destructive wall-thickness test instruments with improved accuracy and reproducibility for bottles, containers, tubes, and molded parts.
Generally, the Interoperability Test Certification process consists of four basic steps.
Reduction and refinement approaches such as the OECD tiered testing strategy now included as part of the OECD guideline for acute eye irritation/ corrosion (OECD 2002) for hazard identification and regulatory classification of new chemicals are being used but do not eliminate the need for an in vivo test when the result of the in vitro test is negative.
Wiliam at ETS, and Rick Stiggins at the Assessment Training Institute, argue that teaching teachers how to do more effective assessments on a daily basis is really the key to improving learning, and eventually test scores.
So, for example, we see GM changing its philosophy and testing components to the point of failure instead of to warranty mileage limits, and Ford instituting test series that correspond to the lifetime experience of a part.