Why is Phoenix Overseas falling/rising?

As of 30-Jul, Phoenix Overseas Ltd is experiencing a price increase, with its current price at 22.85, reflecting a rise of 0.85 or 3.86%. Despite this positive movement today, the stock has shown a decline of 4.19% over the past week and 8.60% over the past month, indicating a challenging performance in the short term. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 17.65% against the 5-day average, which may indicate growing interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, while Phoenix Overseas has outperformed its sector today by 3.25%, its year-to-date performance is significantly lagging, with a decline of 18.25% compared to a 5.12% increase in the Sensex. This stark contrast highlights the stock's struggles relative to the broader market, particularly over the longer term, where the Sensex has shown substantial gains over the past three and five years, while specific long-term data for Phoenix Overseas is not available. Overall, the stock's recent rise today may be a short-term correction amidst a longer-term trend of underperformance.