Why is MFS Intercorp falling/rising?

As of 11-Nov, MFS Intercorp Ltd's stock price is rising, currently at 16.84, with a change of 0.78, representing a 4.86% increase. The stock has shown strong performance recently, gaining 10.07% over the last three days and outperforming its sector by 2.33% today. Additionally, MFS Intercorp has outperformed the benchmark Sensex over the past week with a return of 9.35%, compared to the Sensex's 0.49%. The stock is also trading above its moving averages across various time frames, indicating a bullish trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 82.81% against the five-day average, which could suggest caution among investors.
In the broader market context, while MFS Intercorp has experienced a significant rise in the short term, its year-to-date performance remains negative at -6.96%, contrasting with the Sensex's positive return of 7.34% during the same period. This divergence highlights the stock's recent recovery amidst a generally favorable market environment for the benchmark. The metal sector, in which MFS Intercorp operates, has also seen gains, contributing to the positive sentiment around the stock. Overall, while the stock is currently rising, the decline in delivery volume may indicate potential volatility ahead.