Why is Phoenix Overseas falling/rising?

As of 03-September, Phoenix Overseas Ltd is experiencing a price increase, currently at 22.10, reflecting a change of 0.3 or 1.38% upward. The stock has shown a strong performance over the past week with a return of 7.28%, significantly outperforming the Sensex, which has remained flat at 0.01%. However, despite this recent uptick, the stock's year-to-date performance is down by 20.93%, indicating a longer-term struggle. Today's price summary indicates that while the stock is currently higher than its 5-day moving averages, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 18.6% against the 5-day average, suggesting a potential concern regarding sustained interest in the stock.
In the broader market context, the stock's recent short-term return of 7.28% over the past week stands in stark contrast to the Sensex's minimal gain of 0.01%, highlighting a period of relative strength for Phoenix Overseas. However, the stock's year-to-date decline of 20.93% compared to the Sensex's increase of 4.53% indicates that while there may be short-term gains, the stock has struggled significantly in the longer term. The liquidity of the stock remains adequate, being based on 2% of the 5-day average traded value, which supports trading activities despite the falling delivery volumes. Overall, the combination of recent short-term gains and longer-term challenges paints a complex picture for Phoenix Overseas Ltd.