Why is Onelife Capital falling/rising?

As of 30-Jun, Onelife Capital Advisors Ltd is experiencing a price increase, currently at 13.90, reflecting a change of 0.75 or 5.7%. Today's price summary indicates that the stock has outperformed its sector by 5.18% and has shown a trend reversal after five consecutive days of decline. However, despite this recent uptick, the stock has had a challenging performance overall, with a one-week return of -12.69% and a year-to-date decline of -16.27%. The company is facing significant operational challenges, including negative EBITDA and a substantial operating loss, which has contributed to a poor long-term growth outlook. Additionally, 28.74% of promoter shares are pledged, which can exert downward pressure on the stock in a declining market.
Broader Market Context: In comparison to the benchmark, Onelife Capital's recent performance has been lackluster, particularly over the past year where it has underperformed the market by generating a return of -22.78% against the BSE 500's 3.95%. While the stock has seen a short-term rise, the broader context reveals that it has struggled significantly in the longer term, with a negative annual growth rate in operating profit and a concerning trend of falling investor participation. This combination of factors suggests that while there may be short-term gains, the overall outlook remains precarious.