Why is SGN Telecoms falling/rising?

As of 24-Sep, SGN Telecoms Ltd is experiencing a price increase, with its current price at 0.72, reflecting a change of 0.03 or 4.35% upward. The stock has outperformed its sector today by 6.05%, and its performance over the past week shows a gain of 2.86%, while it has risen 7.46% over the past month. However, despite this recent positive movement, the stock has shown a decline of 2.70% year-to-date and a significant drop of 25.77% over the past year. Today's trading volume indicates a decrease in investor participation, with a delivery volume of 38.6k on 23 September, which is down 14.59% compared to the five-day average. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages, suggesting mixed signals in terms of momentum.
In the broader market context, SGN Telecoms has outperformed the Sensex, which has declined by 1.18% over the past week, while the stock itself has gained. This indicates that SGN Telecoms is showing relative strength compared to the overall market. However, the year-to-date performance of the stock is lagging behind the Sensex, which has increased by 4.58%. The significant drop in investor participation could be a concern for future price movements, as liquidity remains adequate for trading, but the falling delivery volume may indicate waning interest among investors. Overall, while SGN Telecoms is currently rising, the longer-term trends and recent declines in participation suggest caution moving forward.