Why is Retina Paints falling/rising?

As of 18-Jul, Retina Paints Ltd is experiencing a decline in its stock price, currently at 59.50, which reflects a decrease of 0.3 or 0.5%. The stock's performance today is in line with the sector, but it is noteworthy that the delivery volume has significantly decreased by 85.29% compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has shown a positive trend over the past week with a gain of 1.97%, and a substantial increase of 13.33% over the past month. However, it has underperformed year-to-date and over the past year, with declines of 18.88% and 23.72%, respectively. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average, suggesting mixed signals regarding its long-term trend.
In the broader market context, the Sensex has shown a slight decline of 0.90% over the past week, while Retina Paints has outperformed this benchmark. However, the stock's year-to-date performance is significantly worse than the Sensex, which has gained 4.63% during the same period. This disparity highlights the challenges Retina Paints faces in regaining investor confidence, especially given the recent drop in trading volume and the lack of available positive factors to support its price. Overall, while there are some short-term gains, the long-term outlook remains concerning, contributing to the stock's current downward movement.