Why is Picturehouse falling/rising?

As of 15-Oct, Picturehouse Media Ltd's stock price is currently at 7.36, reflecting an increase of 0.12 or 1.66%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Additionally, it has outperformed its sector by 1.96%. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite the recent uptick, the stock has experienced significant declines over various periods, including a year-to-date drop of 24.51% and a 1-year decline of 18.31%. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 280.85% against the 5-day average, indicating heightened interest in the stock.
In the broader market context, Picturehouse's short-term performance has been notably poor compared to the Sensex, which has gained 1.02% over the past week while Picturehouse has fallen by 11.11%. This stark contrast highlights the challenges the company faces in the current market environment. The stock's long-term performance remains impressive with an increase of 843.59% over the past five years, but the recent trends suggest a struggle to maintain momentum against a backdrop of broader market gains. Overall, while there are signs of a potential recovery, the stock's recent history and its performance relative to the benchmark indicate ongoing volatility and challenges.