Why is ARC Finance falling/rising?

As of 17-Oct, ARC Finance Ltd's stock price is currently at 0.79, reflecting an increase of 0.06 or 8.22%. The stock has shown a positive trend recently, gaining 12.86% over the last two days and outperforming its sector by 8.26% today. However, despite this recent uptick, the stock has experienced a significant decline over the year, down 59.07%, and a year-to-date drop of 42.34%. The stock's performance is currently higher than its 5-day and 20-day moving averages, but it remains below the longer-term moving averages of 50, 100, and 200 days. Notably, there has been a decrease in investor participation, with delivery volume falling by 6.83% compared to the 5-day average, which could indicate a potential concern for sustained upward momentum.
In the broader market context, ARC Finance's short-term performance over the past week shows a return of 5.33%, which is significantly higher than the Sensex's return of 1.76% for the same period. This indicates that the stock is currently outperforming the benchmark index in the short term. However, the long-term outlook remains challenging, as evidenced by the stock's substantial declines over the past year and year-to-date compared to the Sensex's positive returns. The liquidity of the stock appears adequate for trading, but the falling delivery volume may suggest caution among investors, impacting future price movements.