Why is Adroit Info. falling/rising?

As of 05-Aug, Adroit Infotech Ltd's stock price is currently at 10.71, reflecting an increase of 0.12 or 1.13%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, the delivery volume has decreased significantly by 41.41% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has underperformed the benchmark Sensex, with a decline of 1.38% compared to the Sensex's 0.77% drop. Year-to-date, the stock has seen a substantial decline of 45.61%, contrasting sharply with the Sensex's 3.29% gain.
In the broader market context, while Adroit Infotech's stock has experienced a slight uptick today, it remains significantly lower in performance compared to the benchmark over various time frames. The stock's year-to-date performance is particularly concerning, as it has fallen dramatically while the Sensex has risen. This divergence highlights the challenges faced by Adroit Infotech in attracting investor confidence, especially given the recent drop in trading volume and the overall negative trend in its moving averages. The lack of positive factors in the dashboard further emphasizes the difficulties the company is encountering in the current market environment.