Puzzling Price Reaction : DropCar, Inc. (DCAR), Yuma Energy, Inc. (YUMA)

DCAR surged by $0.04 during the normal trading session on Monday and reaching a high of $0.60 during the day while it closed the day at $0.56. The DropCar, stock had a low trading volume of 0.08 million shares on that day, which is low compared to the average daily volume of 48.49M shares. DCAR has also lost 6.30% of its value over the past 7 days. However, the stock has declined by 28.84% in the 3 months of the year. Over the past six months meanwhile, it has lost 51.11% while it has lost 55.21% year-on date.

Shares in Yuma Energy, Inc. (NYSE:YUMA) jumped over 1.60 percent on Monday. The company’s stock began trading at $3.18 above the previous closing price of $3.13, and finished the day at $3.09. Let us now take a look at the stock’s potential support and resistance levels. The publicly traded company was seen to have slipped by -53.11% from its 3 months high price. However, taking another look at YUMA will indicate that it is trading +76.57% away from its 90-day low. Looking at the bigger picture, the Yuma Energy, Inc. stock has dropped by -64.09% from its 52-week high while it has surged by +152.24% from its 52-week low price.

Let us now take a quick look at the stock’s short, medium and long-term indicators. Composite Indicator shows that YUMA stock was rated as a Buy by TrendSpotter. Its short-term indicators reveal that Yuma has a 20-day average volume of 110005 shares. This has led to the YUMA price forecast being placed as a Hold on an average basis. In the medium term, however, the YUMA stock has its 50-Day average volume of 356104 shares, with the indicators also rating it as a 50% Buy. Finally, in the long-term, the YUMA stocks have a 100-Day average volume of 971587 shares, with the long-term indicators rating the stock as just 50% Buy. Looking at the three indicators, the YUMA stock has been set on a 0.4 Buy rating.

Looking at the stock’s Technical analysis information over the past 50 days shows that its Raw Stochastic average stood at 22.26%. This figure is better than the company’s 20-day Raw Stochastic average which currently stands at 11.11%. Over the past 20 days, Yuma’s Stochastic %K stood at 16.38% while its Stochastic %D was revealed to be 20.92%.