Why is Sybly Industries falling/rising?

As of 03-Nov, Sybly Industries Ltd's stock price is currently at 1.90, reflecting an increase of 0.04 or 2.15%. The stock has shown a strong performance recently, gaining 17.28% over the past week, despite a decline of 5.47% over the last month. It has been on a consecutive gain streak for the last four days. However, there is a notable decline in investor participation, with delivery volume dropping by 87.4% against the 5-day average, which could indicate reduced interest or confidence among investors. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages but remains below its 100-day and 200-day moving averages, suggesting mixed signals regarding its longer-term trend.
In the broader market context, while Sybly Industries has outperformed the Sensex by 0.91% today, the benchmark index has experienced a slight decline of 0.94% over the past week. Year-to-date, Sybly's stock has significantly underperformed, with a decline of 64.81% compared to the Sensex's gain of 7.47%. This stark contrast highlights the challenges faced by Sybly Industries in the longer term, despite its recent short-term gains. The overall market sentiment may be influencing investor behavior, contributing to the stock's volatility and recent price movements.