Why is CLN Energy falling/rising?

As of 31-Jul, CLN Energy Ltd's stock price is currently at 532.00, reflecting an increase of 7.9, or 1.51%. The stock has shown a trend reversal, gaining after four consecutive days of decline. It has outperformed its sector by 2.44% today, and there has been a notable increase in investor participation, with delivery volume rising by 37.68% against the five-day average. Although the stock has traded in a narrow range of Rs 4.55, it remains above the 50-day, 100-day, and 200-day moving averages, indicating some positive momentum. However, the stock's performance over the past week and month has been negative, with declines of 5.77% and 2.03%, respectively, compared to the Sensex, which has seen a smaller decline of 1.22% and 3.00%.
Broader Market Context: In the context of the broader market, CLN Energy's recent performance contrasts with the Sensex, which has experienced a lesser decline over the same periods. While the stock has struggled in the short term, it is currently showing signs of recovery, which may attract more investors. The overall market sentiment appears to be mixed, as indicated by the Sensex's performance, which has been slightly negative over the past year. Despite the stock's recent challenges, the increase in trading volume and positive price movement today suggest a potential shift in investor sentiment that could lead to further gains.