Why is MFS Intercorp falling/rising?

As of 07-Jul, MFS Intercorp Ltd is currently priced at 13.20, reflecting a rise of 0.2 or 1.54%. The stock has been gaining for the last two days, with a total return of 2.88% during this period, and it has outperformed its sector by 2.95%. However, despite this recent uptick, MFS Intercorp is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Over the past week, the stock has experienced a significant decline of 10.93%, and year-to-date, it is down 27.07%. There is a notable increase in investor participation, with delivery volume rising by 116.27% compared to the 5-day average, which may suggest growing interest despite the overall negative performance.
In the broader market context, while MFS Intercorp has shown a short-term recovery, it has underperformed the Sensex over various periods, including a 1-month decline of 15.92% compared to the benchmark's gain of 1.53%. The metal sector, in which MFS Intercorp operates, has also faced challenges, with a decline of 2.25%. This sector-wide downturn may contribute to the stock's struggles, despite the recent positive movement. Overall, while there are signs of short-term recovery, the stock's long-term performance remains concerning in comparison to both its historical performance and the broader market trends.