Why is Picturehouse falling/rising?

As of 10-Oct, Picturehouse Media Ltd is experiencing a price increase, with its current price at 8.40, reflecting a change of 0.11 or 1.33% upward. The stock has been gaining for the last three days, accumulating a total return of 5.66% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 45.91% compared to the 5-day average. While the positive and negative factors dashboard is unavailable, the recent upward movement can be attributed to the stock's performance relative to its moving averages and the consecutive gains over the past few days.
In the broader market context, Picturehouse's short-term return of 5.53% over the past week significantly outperforms the Sensex, which has only increased by 1.59% during the same period. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 13.85% compared to the Sensex's gain of 5.58%. This contrast highlights the stock's volatility and potential recovery in the short term, despite its longer-term struggles relative to the benchmark.