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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 ?
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.
In this program, participating laboratories are provided with subsamples from a source of a suitable degree of homogeneity, which they are expected to test at comparable levels of competence.
Located on west Fort Hood are the Test and Evaluation Support Activity and five of Operational Test Command's test directorates: the Aviation Test Directorate; the Command, Control, Communications and Computers Test Directorate; the Close Combat Test Directorate; the Engineer and Combat Support Test Directorate; and the Future Force Test Directorate.
Based on RADVISION's years of expertise and its award winning protocol toolkits, the ProLab test platform is ideally suited as a development companion for: IP-PBXs; video phones and IP phones (H.
Furthermore, at-risk students and ESL (English as a Second Language) may have even higher levels of test anxiety.
TRADITIONAL TEST AND EVALUATION SUPPORT FOR SPIRAL ACQUISITION
Since these tests are developed for English-speaking students, the language of the test and of the instructions might be too difficult and challenging for ELLs.
Last November, the Food and Drug Administration approved the OraQuick Rapid HIV-1 Antibody Test, which is manufactured by Abbott Laboratories of Abbott Park, Ill.
If not, the next question to ask is, "How can you create smaller subsets of the database to perform testing efficiently and still have complete confidence that the applications are being tested with the realistic test data?
Rather than rely on a single reading at the breaking point, designers and quality managers now can see what happens throughout a test.
The induced eddy currents generate their own magnetic field that interacts with the test coil magnetic field.