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.
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 ?
Comparative intradermal tuberculin test in dairy cattle in the north of Ecuador and risk factors associated with bovine.
Each person who reacts to the tuberculin test should have his or her medical condition checked out by a doctor.
This allows manufacturing differential tuberculin tests for cattle from newly bred strains of AM in Kazakhstan.
The single intradermal comparative tuberculin test (SICTT)
During August 2012-February 2013, a total of 1,166 cattle at the 15 dip tanks in the study area were tested for bovine tuberculosis by using the comparative intradermal tuberculin test (CIDT).
The aim of the present study is to correlate HbA1c level and plasma glucose level with wound complication in surgically postoperative wounds in diabetic patients, to correlate HbA1c and tuberculin test together with wound complications and to find out the role of HbA1c and tuberculin test in prediction of wound complications preoperatevely.
The diagnosis is based on characteristic clinical presentation, apple jelly nodules on diascopy, and strongly positive tuberculin test. Bacterial cultures may be negative but PCR results for Mycobacterium tuberculosis are positive.1
The intradermic tuberculin test and HIV enzyme-linked immunoassay were negative.
The standard single intradermal comparative tuberculin test (SICTT) using purified protein derivative (PPD) of M.
The tuberculin test is, and will remain, central to TB cattle controls, but we can improve our testing regime by making greater use of the gamma interferon blood test.
The tuberculin test was inaccurate, and the higher the level of infection, the worse it performed.