Why is Arcee Industries falling/rising?

As of 01-October, Arcee Industries Ltd is experiencing a price increase, currently at 5.88, reflecting a change of 0.28 or 5.0% upward. The stock has shown strong performance recently, outperforming its sector by 4.71% today and achieving consecutive gains over the last three days, resulting in a total return of 15.29% during this period. However, it is important to note that despite this recent uptick, the stock has a year-to-date decline of 1.51% and a one-year drop of 7.98%. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 94.73% against the five-day average, indicating potential concerns about sustained interest in the stock.
In the broader market context, Arcee Industries has outperformed the Sensex in the short term, with a one-week return of 10.53% compared to the benchmark's decline of 0.90%. This short-term strength contrasts with its longer-term performance, where it has underperformed the Sensex over one year and three years. The stock's moving averages indicate a mixed picture, being higher than the 5-day and 20-day averages but lower than the longer-term averages, suggesting volatility in its price movement. Overall, while recent gains may reflect positive sentiment, the declining investor participation and mixed moving averages could signal caution among investors regarding the stock's future performance.