Why is HVAX Technolog. falling/rising?

As of 15-Sep, HVAX Technologies Ltd is currently priced at 780.50, reflecting a slight increase of 0.5 (0.06%). Despite this minor uptick, the stock has underperformed its sector by 0.62% today. The stock has shown a negative trend over the past week and month, with declines of 5.62% and 7.08%, respectively. Although it has a year-to-date return of 20.79%, which is significantly higher than the Sensex's 6.02%, the recent performance indicates a concerning trend. Additionally, the stock's delivery volume has decreased by 60% compared to the 5-day average, suggesting falling investor participation. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, indicating mixed signals regarding its momentum.
Broader Market Context: In the context of the broader market, HVAX Technologies Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.20% over the past week and 1.78% over the past month. This underperformance relative to the benchmark highlights potential concerns among investors regarding the stock's future prospects. The overall market appears to be on an upward trajectory, while HVAX Technologies Ltd is struggling to maintain its gains, despite a strong year-to-date performance. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume may indicate a lack of confidence among investors, contributing to the stock's recent challenges.