Why is Explicit Finance falling/rising?

As of 19-Nov, Explicit Finance Ltd's stock price is currently at 12.85, reflecting an increase of 0.25 or 1.98%. The stock has shown strong performance recently, gaining 6.02% over the past week and 22.38% over the last month. It has been on a consecutive gain streak for the last four days, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 82.23% compared to the five-day average, which may suggest some caution among investors. Despite this, the stock is trading above its moving averages across various time frames, which typically signals a bullish trend.
In the broader market context, Explicit Finance has significantly outperformed the Sensex, which has only increased by 0.85% over the past week. The stock's year-to-date return of 79.72% also far exceeds the Sensex's 9.02%, highlighting its strong relative performance. This outperformance may attract more investors, despite the recent decline in trading volume. Overall, while the stock is experiencing a rise in price, the falling investor participation could be a point of concern for future movements.