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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 ?
Finally, evolution continues to produce useful and testable hypotheses.
The NR-KPP consists of measurable, testable, or calculable characteristics and/or performance metrics required for the timely, accurate, and complete exchange and use of information expressed by the following four elements:
The ecologic correlates identified here provide a framework for developing testable hypotheses regarding niche separation between the A.
It has revealed nothing testable, nor has it produced a single discovery related to biology.
NC254 lead-free, pin probe testable no-clean solder paste offers broad process windows for printing, reflow and pin probe testing.
What might result would be empirically testable propositions that could be tested in sub-Saharan Africa, in contemporary Argentina, or in any other place where the invisible hand has ceased to function.
3) This approach is, nonetheless, theoretically fruitful, for these competing explanations supplement each other: the process approach is the more basic, but the content approach suggests ways to generate empirically testable hypotheses from it.
The first challenge is to decide how to break the implementation into testable portions.
Rick Santorum (R-PA) added to the bill: "Good science education should prepare students to distinguish the data or testable theories of science from philosophical or religious claims that are made in the name of science; Where biological evolution is taught, the curriculum should help students to understand why this subject generates so much continuing controversy, and should prepare the students to be informed participants in public discussions regarding the subject.
Testable bonds can be achieved in five minutes and a full cure in two hours, depending upon which product formulas are specified under the customer's processing conditions, Huntsman reports.
Treat believes that the God hypothesis is simple, wide-ranging and conservative but not fruitful because it doesn't generate any testable predictions.
And in any case, the new vaccine ideas suggested by this study are readily testable.