Why is GEE falling/rising?

As of 31-Oct, GEE Ltd's stock price is currently at Rs 84.85, reflecting a decrease of Rs 1.15 or 1.34%. The stock has been on a downward trend, experiencing consecutive falls over the last five days, with a total decline of 2.13% during this period. Today, the stock reached an intraday low of Rs 82.65, which is a drop of 3.9%. Despite this decline, there has been a notable increase in investor participation, with delivery volume rising by 17.84% compared to the five-day average. The stock's performance over the past year shows a modest gain of 6.10%, while its year-to-date performance is significantly stronger at 19.59%. However, it is currently trading below its short-term moving averages, which may indicate bearish sentiment among investors.
Broader Market Context: In comparison to the benchmark Sensex, GEE Ltd's recent performance has been weaker, with a 1-week return of -2.13% against the Sensex's -0.32%. Over the past month, GEE has underperformed the benchmark, showing a decline of 3.44% while the Sensex gained 3.65%. This underperformance in the short term may contribute to the stock's downward pressure, despite its strong long-term returns of 104.46% over three years and 640.89% over five years. The overall market context suggests that while GEE has had substantial gains historically, recent trends indicate a struggle to maintain momentum in the face of broader market conditions.