Why is Lee & Nee Soft. falling/rising?

As of 24-Sep, Lee & Nee Software (Exports) Ltd is currently priced at 9.53, reflecting a slight increase of 0.02 (0.21%). The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.87%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 19.03% compared to the 5-day average. Over the past year, the stock has declined by 14.30%, while it has seen a significant drop of 31.98% year-to-date, suggesting ongoing challenges despite its recent uptick.
In the broader market context, the stock's performance over the past week shows a decline of 0.73%, which is better than the Sensex's drop of 1.18%. However, over the past month, Lee & Nee has underperformed, with a decrease of 1.45% compared to the Sensex's increase of 0.50%. This indicates that while the stock has experienced a minor rise today, it is still facing significant headwinds in the longer term relative to the market. The lack of positive factors in the dashboard further emphasizes the challenges the company is facing, which may continue to affect investor sentiment and stock performance moving forward.