Why is Aeonx Digital falling/rising?

As of 11-Sep, Aeonx Digital Technology Ltd is experiencing a price increase, currently at 222.75, which reflects a rise of 9.75 or 4.58%. The stock has shown strong performance today, outperforming its sector by 4.72% and has been on a consecutive gain streak for the last two days, accumulating a total return of 8.66% during this period. Additionally, the stock has performed well over the past month with a return of 31.96%, and over the past year, it has increased by 60.25%. However, it is important to note that the delivery volume has significantly decreased, falling by 92.77% against the 5-day average, indicating a potential decline in investor participation.
Broader market context shows that Aeonx Digital's short-term performance has outpaced the Sensex, which has only gained 1.03% over the past week. This indicates that while the stock is currently rising, it has a mixed performance year-to-date, down 19.58% compared to the Sensex's increase of 4.36%. The stock's strong movement above various moving averages suggests a bullish trend, but the falling investor participation could raise concerns about sustainability in this upward momentum. Overall, the stock's recent gains are supported by positive short-term performance metrics, despite the notable drop in trading volume.