Why is GTN Textiles falling/rising?

As of 29-Sep, GTN Textiles Ltd is currently priced at 9.99, reflecting a decrease of 0.2, or 1.96%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.4% during this period. Despite this recent downturn, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some strength in the longer-term trend. However, investor participation has notably decreased, with delivery volume dropping by 80.93% compared to the 5-day average, which may contribute to the stock's recent struggles. Year-to-date, GTN Textiles has seen a significant decline of 18.11%, and over the past year, it has fallen by 23.09%, contrasting sharply with the benchmark Sensex, which has gained 2.85% in the same timeframe.
In the broader market context, GTN Textiles has outperformed the Sensex in the short term, with a 1-week return of 9.78% compared to the benchmark's decline of 2.18%. However, the stock's longer-term performance has been significantly weaker, with a 3-year decline of 33.00% against the Sensex's gain of 42.47%. This disparity highlights the challenges GTN Textiles faces in attracting investor confidence, especially given the recent drop in trading volume and the overall negative sentiment reflected in its year-to-date and yearly returns. The combination of these factors suggests that while there may be short-term fluctuations, the stock is currently experiencing downward pressure in the market.