Why is Econo Trade Indi falling/rising?

As of 14-Jul, Econo Trade India Ltd's stock price is currently at 9.00, reflecting an increase of 0.16 or 1.81%. The stock has shown strong performance in the short term, with a 7.02% increase over the past week and a 12.50% rise over the past month, significantly outperforming the Sensex, which has declined by 1.42% in the same week and increased by only 1.40% over the month. However, despite this recent uptick, the stock has a negative return of -7.02% over the past year, indicating a longer-term struggle. The stock is currently trading above its moving averages across various time frames, suggesting a positive trend. Nonetheless, there has been a decline in investor participation, with delivery volume falling by 19.33% against the five-day average, which could indicate waning interest.
In the broader market context, Econo Trade India Ltd's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex in the short term while still facing challenges in the longer term, including a consistent underperformance over the last three years. The stock's return on equity (ROE) of 4.9 suggests an attractive valuation, but the average ROE of 3.85% points to weak long-term fundamental strength. Additionally, while the stock is trading at a fair value compared to its peers, the decline in profits by 10.3% over the past year raises concerns about its sustainability. Overall, the stock's recent rise can be attributed to short-term gains and favorable trading conditions, but underlying weaknesses may pose risks for future performance.