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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 ?
Our B1-ARTS system is compatible with the Air Force's Versatile Depot Automatic Test Station for seamless integration into existing test architectures," says Senior Vice President and General Manager Robert Peters of AAI Test & Training.
BULLETIN BOARD: VSPC) today provided an overview of the company's progress in the $54 Million Clean Energy industry, including its new agreement to sell and distribute fuel cell test stations, in an exclusive interview on WallSt.
The company noted that it offers a three-cell test station, six-cell test station, gas mixing system and cell hardware.
VIASPACE CEO Carl Kukkonen stated, "We are very pleased with this new agreement, granting VIASPACE rights to distribute WonATech's fuel cell test station product line.
Hydrogenics Corporation subsidiary Greenlight Power Technologies recently announced the expansion of its G-Series fuel cell test station product line to include Hydrogenics' fuel cell automated test systems (FCATS) G50.
Pintail's real-time trend analysis, following WECO guidelines, augments the powerful monitoring capabilities of Swiftest by immediately notifying test station operators and responsible engineers when WECO rules are violated.
0 make it possible for users to determine the critical roaming performance of a WLAN switch or Access Point infrastructure while the test station running a standard Windows or WinCE Performance Endpoint is emulating latency and packet-loss sensitive applications, such as VoIP, multicast and streaming video, with or without Quality of Service policies applied.
WonATech and SciTec are fuel cell test station manufacturers and service the needs of fuel cell developers such as Samsung and LG in Korea.
It is built with the future in mind; the modular nature of the hardware and the flexibility of the software render it easy to upgrade a test station.
SEI will manufacture, test, and deliver 17 RTCASS test station subsystems to Boeing's other major subcontractor, Teradyne, for final integration and test into the RTCASS test station.
In addition, this test station, which can be upgradeable to 14Kv in the future, features a complete personnel safety system ensuring operator safety at all times.
The SEI production option involves the manufacturing, testing and delivery of 20 RTCASS test station subsystems for final integration and test into the RTCASS test station, according to Gerald A.