Why is HRH Next falling/rising?

As of 30-Jul, HRH Next Services Ltd is experiencing a slight decline in its stock price, currently at 39.40, which reflects a decrease of 0.05 or 0.13%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased by 77.27% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has dropped by 2.11%, and over the past month, it has seen a substantial decline of 25.66%. Year-to-date, the stock is down 61.47%, contrasting sharply with the Sensex, which has gained 5.12%.
In the broader market context, HRH Next's short-term performance has underperformed the benchmark, with a 1-week decline of 2.11% compared to the Sensex's 1.45% drop. This indicates that while both the stock and the benchmark are experiencing downward pressure, HRH Next is faring worse. The significant drop in delivery volume and the stock's consistent underperformance against moving averages suggest a lack of confidence among investors, contributing to its recent price decline. Overall, the absence of positive factors in the dashboard further emphasizes the challenges facing HRH Next in the current market environment.