Why is Mangalam Alloys falling/rising?

As of 17-Sep, Mangalam Alloys Ltd is experiencing a decline in its stock price, currently at 58.75, which reflects a decrease of 0.25 or 0.42%. The stock's performance today is in line with the sector; however, it is showing mixed signals in terms of moving averages, being higher than the 5-day, 100-day, and 200-day moving averages but lower than the 20-day and 50-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 21.05% compared to the 5-day average. Over the past week, the stock has decreased by 0.42%, while it has shown a modest gain of 0.09% over the past month and a significant year-to-date increase of 45.06%.
In the broader market context, the Sensex has outperformed Mangalam Alloys in the short term, gaining 1.43% over the past week and 2.84% over the past month, while the stock has seen a slight decline. This underperformance relative to the benchmark may contribute to the downward pressure on the stock price. Despite a strong year-to-date performance compared to the Sensex, the recent decline in delivery volume and mixed moving average signals suggest that investor sentiment may be shifting, leading to the current price movement.