Why is Epic Energy falling/rising?

As of 06-Nov, Epic Energy Ltd is experiencing a decline in its stock price, currently at 42.38, which reflects a decrease of 0.64 or 1.49%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.49%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 1.99% compared to the 5-day average, suggesting reduced investor participation. The stock's year-to-date performance shows a significant decline of 63.65%, while over the past year, it has fallen by 52.30%, highlighting ongoing challenges for the company.
In the broader market context, Epic Energy's recent performance has been slightly better than the benchmark Sensex over the past week, where the stock declined by 1.17% compared to the Sensex's 1.30% drop. However, over the longer term, the stock's performance has been significantly worse than the benchmark, with a year-to-date decline of 63.65% against the Sensex's gain of 6.62%. This stark contrast indicates that while the stock may be experiencing short-term fluctuations, its overall trajectory remains negative compared to the market, contributing to investor concerns and the stock's recent downward movement.