Why is Aeonx Digital falling/rising?

As of 15-Oct, Aeonx Digital Technology Ltd's stock price is currently at 196.05, reflecting a decrease of 1.95, or 0.98%. The stock has been underperforming significantly, having fallen for the last four consecutive days, resulting in a total decline of 6.64% over the past week. Additionally, the stock's performance over the last month shows a drop of 14.76%, and year-to-date, it has decreased by 29.22%. Despite these short-term declines, the stock has shown strong performance over the longer term, with a 39.34% increase over the past year and an impressive 162.45% rise over the last three years. However, the stock's delivery volume has decreased by 43.44% compared to the five-day average, indicating falling investor participation, which may contribute to the recent price decline.
In the broader market context, the Sensex has shown a positive return of 1.02% over the past week, contrasting sharply with Aeonx Digital's negative performance. This divergence suggests that while the overall market is experiencing gains, Aeonx Digital is struggling to keep pace, highlighting its underperformance relative to the benchmark. The stock's moving averages indicate that it is currently lower than the 5-day, 20-day, and 50-day moving averages, which may further signal bearish sentiment among investors. Overall, the combination of declining investor interest and significant underperformance compared to the market likely explains the stock's recent downward trend.