Why is Trinity League falling/rising?

As of 30-Jul, Trinity League India Ltd is experiencing a price increase, currently at 10.20, which reflects a rise of 0.79 or 8.4%. The stock has shown a strong performance today, outperforming its sector by 8.06% and has been on a consecutive gain for the last two days, accumulating a total return of 10.75% during this period. However, despite this recent uptick, the stock has faced challenges over the longer term, with a year-to-date decline of 27.09% and a one-year drop of 36.45%. Notably, the stock's delivery volume has significantly decreased, falling by 90.63% against the 5-day average, indicating a drop in investor participation, which could impact future price movements.
In the broader market context, while Trinity League has outperformed the Sensex by 12.96% over the past week, the benchmark has seen a decline of 1.50%. This short-term outperformance contrasts with the stock's longer-term struggles, as it has underperformed the Sensex over the past month and year. The stock's current price is higher than its 5-day moving average but remains below its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its momentum. Overall, while recent gains may indicate a positive shift, the significant drop in trading volume and the stock's longer-term performance relative to the benchmark suggest caution among investors.