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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 ?
Advancement in electrochemical and photometric technology along with the introduction of new impregnation techniques, more stable color indicators and improvements in color gradation have all established test strips as a reliable diagnostic instrument which has augmented the growth of the global test strip market.
Live4Lali in Arlington Heights has doled out more than 600 fentanyl test strips since March, and the Lake County Health Department started providing them for free in August.
The paper sample used for the test strip was quantitative filter paper of medium porosity, which was obtained from Fisher Scientific (Jinan, China).
Use the recommended test strips for your meter, since its accuracy may rely on it recognizing a code that is encrypted in the strips, and generic strips may generate inaccurate readings.
Among the subjects with negative findings of proteinuria on the test strip examination but with positive findings for it when tested with SSA there was a significantly higher number of those with pathological findings of leukocytes (> 10/[micro]L), bacteria (> 100 /[micro]L) and cylinders (> 1/[micro]L) in the urine when compared to the same group of subjects with the negative test with SSA (p <0.05), while the number of patients with NEC> 1/[micro]L was significantly higher among those with the negative SSA test (Graph 2).
To model a policy situation in which prescribing was restricted to one product with a lower negotiated price, we identified the most commonly used brand of test strip in 2012 in each province.
The application in the phone calibrates the hue saturation to the image's color values on the cholesterol test strip, and the results appear on your phone.
Plasma/buffer mixture (75 [micro]L) was applied to the release pad of each test strip and allowed to run until completion.
He said users should also check the time for each test strip because all strips in a package may not be affected to the same degree.
If testing your pool or spa water involves deciphering colors to figure out your pH balance, step into the digital age with the AquaChek Tru Test Digital Test Strip Reader' Just dip a test strip ham the water, then stick it in the Reader for easy-to-read digital results in seconds for Free Chlorine/Bromine, pH and Total Alkalinity.
To test, simply insert the test strip in the convenient top-of-the-meter port.
The tip of the test strip must be place in the urine stream for five seconds.