Why is T N Merc. Bank falling/rising?

As of 07-Aug, Tamilnad Mercantile Bank Ltd is currently priced at 432.05, reflecting a slight increase of 0.1 (0.02%). The stock has been gaining for the last two days, with a total return of 0.2% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weaker performance relative to its historical price trends. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 22.34% compared to the 5-day average. The stock has underperformed in the longer term, with a year-to-date decline of 4.52%, while the benchmark Sensex has increased by 3.18%.
In the broader market context, the stock's short-term performance over the past week shows a decline of 5.14%, significantly worse than the Sensex's decrease of only 0.69%. This indicates that Tamilnad Mercantile Bank is not only struggling in isolation but is also lagging behind the overall market trends. The combination of declining investor interest and poor relative performance against both its moving averages and the benchmark suggests that the stock is facing challenges that may hinder its recovery in the near term.