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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 ?
First phase validation of the in vitro eye irritation tests for cosmetic ingredients.
The high stakes of failing to make adequate yearly progress means two things: educators can't wait until the end of the year to gauge how they're doing, and they have to be sure that what they're teaching day-to-day equates to what will be required of their students on the state's summative test. Integral to this is the reality that "teachers still struggle to match up what they're doing in the classroom to what's being evaluated on state tests," says Hardin Daniel, vice president of sales and marketing at ThinkLink Learning.
Several machining tests were completed on the two grades of cast iron while measuring flank wear of the cutting tool insert.
* Identification of a test unit and approval for coordination with the unit.
The ProLab Test Management Suite is specifically designed to perform advanced signaling tests (such as evaluating the number of calls handled) as well as media tests (such as checking for packet loss, delay, and jitter).
If you want further evidence of the vagaries of results from small tests, try mailing two identical 5,000 cell pieces and check the results.
These formative factors can occur by implementing a broad array of both traditional tests (essays, multiple choice, binary, completion, matching, etc.) and performance-based assessments (project-centered instruction, rubrics, oral presentations, and journal writing), to name a few.
PESQ: Perceptual Evaluation of Speech Quality is an objective measurement of subjective listening tests on telephony systems.
"We expect this collaboration to accelerate our entry into cancer screening, as well as provide another clinically important addition to the menu of tests that will be run on our innovative, fully automated TIGRIST instrumentation system."
These are tests of basic skills, and the passing scores are typically set so low that the possibility of failing the tests does not motivate most students to try harder.
Chemistry achievement tests. To measure the academic achievement of the chemistry students, three multiple-choice tests were used.
We found that having a laboratory professional contact the clinician and systematically ask the scripted questions was a pragmatic tool for the first phase of response and resulted in cancellation of most tests. We acknowledge that optimal validation of this algorithm would require randomly selecting and testing rejected specimens during a phase of high disease prevalence.