Why is IKIO Tech falling/rising?

As of 07-Aug, IKIO Technologies Ltd is currently priced at 191.80, reflecting an increase of 0.95, or 0.5%. The stock has experienced a trend reversal, gaining after four consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 43.92% compared to the 5-day average. Over the past week, the stock has decreased by 4.43%, and year-to-date, it has declined by 21.83%, contrasting sharply with the Sensex, which has gained 3.18% during the same period.
In the broader market context, while IKIO Technologies has shown a slight uptick today, its recent performance has lagged behind the benchmark, as evidenced by its negative returns over various time frames compared to the Sensex. The stock's year-to-date decline of 21.83% starkly contrasts with the Sensex's positive growth, highlighting a significant underperformance. This divergence suggests that while there may be short-term recovery signals, the overall sentiment around IKIO Technologies remains cautious, influenced by its recent trading patterns and reduced investor engagement.