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.

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 dental history of students was reviewed, and after obtaining the written consents, students with teeth having DE were examined further for vitality tests, palpation, percussion, and periodontal exploration.
Clinical examination revealed tenderness on vertical percussion wrt 41, 31 and 32 and no response to vitality test irt 32.
Investigations such as pulp vitality test and radiographs were taken; pulp sensitivity test gave a negative response.