Why is Midwest Gold falling/rising?

As of 24-Sep, Midwest Gold Ltd's stock price is currently at 2,617.10, reflecting a decrease of 53.4 points or 2.0%. The stock has recently experienced a trend reversal, falling after eight consecutive days of gains. It opened with a loss of 2% today and touched an intraday low of Rs 2,617.1. Despite this decline, the stock has shown impressive performance over the past week and month, with returns of 19.12% and 36.62%, respectively. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 866.99% against the 5-day average, indicating strong interest despite the current price drop. The positive and negative factors section is unavailable, which limits further analysis of the influences on the stock's recent movement.
Broader market context indicates that while Midwest Gold has underperformed its sector by 1.81% today, it has significantly outperformed the benchmark Sensex over various periods, including a year-to-date return of 2245.70% compared to the Sensex's 4.58%. This stark contrast highlights the stock's strong performance relative to the broader market, even as it faces short-term volatility. The stock's recent decline may be attributed to profit-taking after a substantial rally, but its overall trajectory remains positive when viewed against the benchmark's performance.