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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 ?
The tests permitted us to determine the potential for mobile phones and the testees' acceptance mobil phones (Magal-Royo, Fajarnes, Tortajada Montanana, & Defez Garcia, 2007).
The probability of drawing from the population a testee with latent trait [[alpha].sub.j], answering r (whose threshold is [[tau].sub.kr]) to an item with a characteristic value of [[delta].sub.k], is then:
Ces dernieres sont testees a partir d'une methode non-parametrique (analyse discriminante) et d'une methode parametrique (analyse en classes latentes) permettant d'etablir les determinants de la diversite de l'economie sociale.
La representativite de l'echantillon sur la population a neanmoins ete testee au moyen d'un test Chi carre d'ajustement (%2) au seuil de signification de 5 % par rapport aux criteres de taille et de repartition sectorielle et geographique : il repond aux conditions statistiques permettant d'extrapoler nos resultats a la population definie plus haut.
Dans certains cas, le materiel genetique peut etre preleve a l'insu de la personne reellement testee; il est egalement essentiel d'assurer l'identification formelle de la personne consentant au test genetique et de s'assurer que les echantillons recus proviennent bien de cette personne.
What one sees in the testing room consisting of the administration (testee and cards), in all likelihood can be observed in psychosocial situations outside the testing room.
The Reading Comprehension Test The second instrument of this study was the Reading Comprehension Test, which was attached to the NDRT (to test their true reading comprehension ability) and was introduced to the testees as the third sub-test of the NDRT.
The person whose pulse is being taken (the testee) sits quietly while the person taking the pulse (the tester) places his or her fingers on the wrist of the testee and locates the spot where the pulse can be felt.
Assume the bus driver's functional test for return-to-work meets these standards: it is pertinent, accurate and reliable, and the tester can prevent--or at least detect--bias by the testee. If the test design were innovative, would insurers, doctors, judges and others whose opinions are important accept it as credible?
Creee en 2001, cette methodologie, encore connue sous l'appellation 'MEC' sera testee sur le terrain et peaufinee en 2002 et 2003, annees au cours desquelles elle sera utilisee pour evaluer 30 projets en cours en Amerique latine, en Afrique, en Asie, en Europe et en Amerique du nord.
In this case form can even enable the learner to construct forms that might be novel to him: grammatical constraints and/or rules may determine that the testee complete the word in a way that renders a word that is unfamiliar to him.
While comparing A to B might be interesting, the real challenge comes when the testee tries to determine whether X is either A or B.