Why is Creative Eye falling/rising?

As of 23-Oct, Creative Eye Ltd's stock price is currently at 8.16, reflecting an increase of 0.04 or 0.49%. The stock has been on a positive trajectory, gaining for the last three days and achieving a total return of 8.51% during this period. It is also outperforming its sector by 0.42%. Additionally, Creative Eye is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 52.2% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Creative Eye's short-term return of 2.51% over the past week outpaces the Sensex's return of 1.30%, indicating a relative strength compared to the benchmark. However, over the longer term, the stock has underperformed year-to-date with a return of 2.13% compared to the Sensex's 8.21%. This discrepancy highlights the challenges Creative Eye faces in regaining investor confidence after a significant decline of 22.87% over the past year, despite a robust performance over the last three and five years.