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 ?
Since it has all the physical properties of meat, the test-tube burger "should be assigned all the halachic [Jewish legal] properties of ordinary meat, as well," he writes in the book Headline: Halachic Debate of Current Issues.
Elizabeth Carr was born three years after the world's first test-tube baby, Louise Brown, was born in England.
There is no evidence, for example, that test-tube babies suffer especially high rates of physical or psychological problems.
Nearly 50 percent of "probable human carcinogens received that description from IARC on the basis of data from animal studies, often supported by test-tube or biochemical data.
She tried for a baby for three years before her test-tube op.
Breakdown products of some commonly used flame retardants may perturb the normal production of sex hormones, according to preliminary test-tube experiments conducted by Dutch and Swedish scientists.
Britain's best-known treatment is the IVF test-tube technique where the sperm and egg are brought together outside the body, then replaced in the womb.
enecr Ladbrokes quote 4-6 for a test-tube burger to be sold anywhere in the UK within the next 10 years.
Hormone meeting, a group from three New Orleans universities reported similar HIF changes in test-tube studies of gonadal and liver cells from trout.
Not only did Brown's birth mark a major milestone, but so did her conception, as she was the world's first test-tube baby.
The birth of the test-tube foals means horses able to gallop faster and jump higher can now be produced under laboratory conditions.
Scientists in Japan now report that a simple sugar called trehalose can impede this protein aggregation in test-tube and animal experiments.