Why is Californ. Sof.PP falling/rising?

As of 30-Jul, California Software Company Ltd Partly Paidup has seen its stock price rise to 5.18, reflecting an increase of 0.22 or 4.44%. The stock has outperformed its sector by 4.33% today, indicating a positive trend reversal after two consecutive days of decline. While the stock's performance over the past week shows a decrease of 7.17%, it has gained 10.68% over the past month, suggesting a recovery phase. However, there is a noted decline in investor participation, with delivery volume falling by 12.83% against the five-day average, which could indicate waning interest despite the current price increase.
In the broader market context, the Sensex has decreased by 1.50% over the past week and 2.54% over the past month, which highlights that California Software Company Ltd's recent performance is relatively strong compared to the benchmark. The stock's current price is higher than its 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day and 20-day moving averages. This suggests that while the stock is experiencing a short-term recovery, it may still be facing challenges in sustaining upward momentum in the longer term.