Why is Next Mediaworks falling/rising?

As of 07-Nov, Next Mediaworks Ltd is currently priced at 6.85, reflecting a decrease of 0.03, or 0.44%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 0.87% during this period. Despite outperforming its sector by 0.32% today, the stock's delivery volume has significantly decreased, dropping by 81.36% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a modest gain of 1.48%, but it has underperformed in the year-to-date comparison with a loss of 19.88%, while the benchmark Sensex has gained 6.50% during the same timeframe.
In the broader market context, Next Mediaworks' short-term performance has been relatively better than the Sensex, which has declined by 0.86% over the past week. However, the stock's year-to-date performance is concerning, as it has significantly lagged behind the benchmark. The moving averages indicate that while the stock is performing better than shorter-term averages, it remains below the 200-day moving average, suggesting a longer-term bearish trend. Overall, the combination of falling investor participation and recent price declines contributes to a negative outlook for Next Mediaworks in the current market environment.