🔁 To test again 🔁 A second test 📈 A price check 📈 To check price

retest

1 5.1

A return to a broken price level to see if it holds

noun
/ˌriːˈtɛst/

Jargon

: vuelta a probar

Investors are closely watching for any retest of the recent highs to confirm the upward trend.

Examples

The analysts observed a significant retest of the support level, indicating potential market stability.
After the market correction, traders anticipated a retest to see if prices would rebound to previous levels.
That was the initial retest and then that that rally ultimately failed and we fell back again.
And JP Morgan expects a reversal in risk sentiment and the market to retest last year's lows over the coming months.
The strongish move up and subsequent retest and failure of the open suggest the higher open was valid, and so there is a chance the highs will be retested at some point.

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Synonyms

retracement

vsretest

Specialized

1 8.9

A short price move against the main trend in markets

is a specific return to a broken level to check if it holds

Surface Forms

retest singular

retests plural

Morphology

retest = test (semi-transparent) = re + test

Morphologically clear ('re-' + 'test'), but this sense is specialized financial jargon applying the 'test again' idea metaphorically to price levels.

Etymology

The word retest is built from re- 'again' and test 'check', like in repeat. So, in trading a retest is when a price comes back to a level to 'check' if it still holds.