Why is Relic Tech. falling/rising?

As of 20-Jun, Relic Technologies Ltd is experiencing a price increase, currently at Rs 74.45, which reflects a rise of 1.05 or 1.43%. The stock has been gaining for the last two days, with a notable increase of 6.36% in this period. It opened today with a gain of 2% and reached an intraday high of Rs 74.87. However, it also saw a low of Rs 69.51, indicating some volatility. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Despite these gains, there has been a significant drop in investor participation, with delivery volume falling by 70.25% compared to the 5-day average, which may indicate a concern about sustainability in the recent price movement.
In the broader market context, Relic Technologies' short-term performance over the past week shows a return of 1.31%, which is slightly below the Sensex's return of 1.59%. However, the company's year-to-date return of 221.88% significantly outpaces the Sensex's 5.46%, indicating strong relative performance over a longer period. This disparity suggests that while the stock is currently rising, it may be facing challenges in maintaining momentum due to reduced trading volume and investor participation. Overall, the stock's recent upward movement is supported by positive technical indicators, but the decline in investor engagement could pose risks to its continued ascent.