Why is HVAX Technolog. falling/rising?

As of 08-Sep, HVAX Technologies Ltd is currently priced at 826.95, reflecting an increase of 6.95 or 0.85%. The stock has shown a positive performance today, outperforming its sector by 1.02%. In terms of returns, HVAX has increased by 0.85% over the past week and 2.06% over the past month, significantly outperforming the Sensex, which has risen by 0.60% and 1.68% respectively. However, there is a notable decline in investor participation, with delivery volume on September 5 falling by 76.92% compared to the 5-day average. The stock is currently trading above its 5-day, 100-day, and 200-day moving averages, but below its 20-day and 50-day moving averages, indicating mixed momentum.
Broader market context shows that HVAX Technologies has performed well year-to-date, with a return of 27.98%, compared to the Sensex's 4.77%. This strong performance suggests that the stock is gaining traction relative to the broader market. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, while the stock is experiencing a rise in price, the significant drop in delivery volume may raise concerns about future investor interest and participation.