Why is Qgo Finance falling/rising?

As of 17-Oct, Qgo Finance Ltd's stock price is currently at 46.63, reflecting an increase of 0.83, or 1.81%. The stock has been on an upward trend, gaining for the last five days and achieving a notable return of 12.28% during this period. Additionally, the stock's performance today has outperformed its sector by 1.85%. The delivery volume has also seen a significant rise, increasing by 87.96% compared to the five-day average, indicating heightened investor interest. However, while the stock is performing well in the short term, it remains below its 100-day and 200-day moving averages, suggesting potential challenges in sustaining this momentum over a longer horizon. There is no information available regarding any positive or negative factors that could further influence the stock's movement.
Broader market context shows that Qgo Finance's short-term performance of 12.28% over the past week significantly outpaces the Sensex, which has only increased by 1.76% in the same timeframe. This indicates that Qgo Finance is not only gaining traction among investors but is also outperforming the broader market. However, it is important to note that year-to-date, the stock is down 14.31%, contrasting with the Sensex's gain of 7.44%, highlighting a mixed performance when viewed over a longer period. Overall, while the recent gains are promising, the stock's longer-term performance remains a concern.