Why is CLN Energy falling/rising?

As of 14-Jul, CLN Energy Ltd is currently priced at 604.50, reflecting a decline of 29.5 points or 4.65%. The stock has underperformed its sector by 6.04% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 599.95, indicating a drop of 5.37%. Despite this decline, the stock has shown strong performance over the past month, with a return of 27.00%, significantly outperforming the Sensex, which increased by only 1.40%. The stock is trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 118.25% compared to the five-day average. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, CLN Energy's short-term performance has been favorable compared to the benchmark, as it gained 3.73% over the past week while the Sensex declined by 1.42%. This indicates that, despite the current price drop, the stock has been resilient in the short term relative to the overall market. The liquidity of the stock remains sufficient for trading, as it is based on 2% of the five-day average traded value, allowing for trades of Rs 0.05 crore. Overall, while the stock is currently facing a decline, its recent strong performance and increased investor interest suggest potential for recovery in the near future.