Why is Wise Travel falling/rising?

As of 12-Nov, Wise Travel India Ltd is experiencing a price increase, with its current price at 160.10, reflecting a change of 6.65 or 4.33% upward. The stock has outperformed its sector by 3.99% today, although it is important to note that the delivery volume has significantly decreased by 67.74% compared to the 5-day average, indicating falling investor participation. In terms of moving averages, the stock is currently above the 5-day, 20-day, and 200-day averages but below the 50-day and 100-day averages. Over the past week, the stock has shown a modest gain of 2.46%, although it has underperformed over the last month and year-to-date, with declines of 1.48% and 2.94%, respectively.
In the broader market context, Wise Travel's recent performance contrasts with the benchmark Sensex, which has gained 1.09% over the past week and 9.44% year-to-date. This suggests that while Wise Travel is currently experiencing a short-term rise, its longer-term performance remains weak compared to the overall market. The significant drop in delivery volume may indicate a lack of confidence among investors, which could impact future price movements. Overall, while the stock is rising today, the broader trends and reduced participation may pose challenges moving forward.