Why is Diligent Media falling/rising?

As of 02-Sep, Diligent Media Corporation Ltd is currently priced at 4.65, reflecting an increase of 0.1, or 2.2%. The stock has shown a positive trend recently, having gained 3.1% over the last two days and outperforming its sector by 1.42% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Over the past week, the stock has declined by 2.31%, while it has performed better over the past month with a return of 6.16%. Year-to-date, the stock is down 27.12%, contrasting with a 2.58% increase in the benchmark index, Sensex. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing the stock's recent movement.
Broader Market Context: In the short term, Diligent Media's performance has been relatively strong compared to the Sensex, as it has outperformed the benchmark over the last month while still facing challenges year-to-date. The Sensex has shown a slight decline of 0.78% over the past week, while Diligent Media's recent gains suggest a potential recovery phase despite its significant year-to-date losses. The rising investor participation, indicated by a 29.27% increase in delivery volume, may also signal growing interest in the stock, which could contribute to its upward price movement.