Why is Svam Software falling/rising?

As of 22-Sep, Svam Software Ltd's current price is 8.15, reflecting a slight increase of 0.01 or 0.12%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Over the past week, the stock has decreased by 5.78%, and over the past month, it has fallen by 13.21%. However, it has performed exceptionally well over the past year with a return of 130.23%. Notably, there has been a rise in investor participation, with delivery volume increasing by 49.7% against the 5-day average, suggesting renewed interest in the stock.
In the broader market context, the Sensex has increased by 0.46% over the past week, contrasting with Svam Software's decline. The IT - Software sector has experienced a downturn of 2.6%, which may be influencing the stock's performance. Despite the recent positive movement in Svam Software's price, the overall market sentiment and sector performance remain challenging, contributing to the stock's volatility. The lack of specific positive or negative factors further complicates the outlook, leaving investors to interpret the stock's recent movements amidst a mixed performance relative to the benchmark.