Why is Phoenix Township falling/rising?

As of 18-Jul, Phoenix Township Ltd's stock price is currently at 209.20, reflecting an increase of 2.7, or 1.31%. Today's price summary indicates that the stock has gained after eight consecutive days of decline, opening with a gain of 2.08% and reaching an intraday high of Rs 214.5. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume falling by 71.9% compared to the 5-day average. Positive factors include rising promoter confidence, as they have increased their stake by 3.43%, and consistent returns over the past three years, with a 42.17% return in the last year, indicating strong long-term performance.
In the broader market context, Phoenix Township's short-term performance has been relatively poor, with a 1-week return of -4.56% compared to the Sensex's decline of only 0.90%. This underperformance highlights the stock's struggles in the current market environment, despite its impressive long-term returns of 440.57% over three years and 2247.92% over five years. While the recent increase in stock price may suggest a potential reversal, the overall trend and declining investor interest indicate caution among investors.