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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 ?
Only respondents who had never had a positive HIV test result before the survey were included in the analytic sample.
Inter-laboratory tests are effective in checking the consistency or comparing the competency of personnel involved in testing.
We just finished extensive tests on a Joint Services mask," said Phillip Riley, military test plans analyst.
Test scripts are specifically designed scenarios that enable the product developer to quickly set up and run tests specifically targeted to the product being tested.
They are: "(1) verbatim note taking is, perhaps the least effective way to take notes, (2) notes should be considered a work in progress, (3) notes should be used as study guides for tests, and (4) the more notes that are taken, the better" (pp.
The following shows how the traditional T&E process supports the spiral acquisition philosophy, describes how the types of tests support the new acquisition philosophy, and highlights new test programs that facilitate technology transition to the warfighter.
Large-scale tests apply similar standards to all students in a specific grade level.
Of hundreds of pregnant women to whom the investigators offered rapid HIV tests at four Chicago hospitals, including Cook County Hospital, nearly 80 percent accepted.
By far the most common tests performed on plastics with a UTM are tensile strength and modulus and flexural strength and modulus.
As many as 50 million drug tests are performed each year in this country, generating revenue in the neighborhood of $1.
The SPC-1 benchmark includes three performance tests that can be run in any sequence that are used to produce the metrics reported for a run of the benchmark.
The detuned testing approach involves taking samples that are confirmed HIV-positive by these tests, but then retesting them with a less sensitive, diluted ELISA.