Why is Pranik Logistics falling/rising?

As of 15-Oct, Pranik Logistics Ltd is experiencing a decline in its stock price, currently at 80.00, which reflects a decrease of 2.0 or 2.44%. Despite this drop, the stock has shown a positive performance over the past week, with a return of +10.34%, although it has underperformed the sector today by -3.01%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the short term. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 127.27% against the 5-day average, suggesting growing interest in the stock. However, the year-to-date performance remains concerning, with a decline of -27.24%, indicating ongoing challenges for the company.
In the broader market context, Pranik Logistics' recent performance contrasts with the benchmark Sensex, which has gained +1.11% over the past week and +7.10% year-to-date. This underperformance relative to the benchmark may contribute to the stock's downward movement, as investors often compare individual stock performance against broader market trends. The liquidity of the stock appears adequate, as it is based on 2% of the 5-day average traded value, allowing for reasonable trading sizes. Overall, while there are some positive indicators such as rising investor participation and short-term moving averages, the significant year-to-date decline and underperformance against the sector and benchmark are likely influencing the current downward price movement.