Quant (QNT) is currently trading at $69.79, reflecting a significant 24-hour price decline of 7.08%. The asset hit a daily high of $75.93 and a low of $69.37, indicating volatility within a daily range of 6.56%.

The trading volume stands at approximately 14.48 million, resulting in a volume-to-market cap ratio of 1.43%. This relatively low volume ratio suggests limited trading activity compared to the overall market capitalization, which could indicate lower liquidity.

Technical indicators show a bearish sentiment, particularly with the 1-hour RSI at 25, which signals oversold conditions and potential for a short-term reversal. In contrast, the 7-day RSI at 50 indicates neutral momentum, while longer-term changes show a 30-day decline of 4.55%, suggesting ongoing weakness in the medium term.

Short-term moving averages are trending downward, with the 8 SMA at $71.54 and the 13 SMA at $72.32, both reflecting negative price changes. The 144 SMA at $70.06 provides some support, but the prevailing trend appears to be bearish as all short-term averages are below the current price.

Considering the all-time high of $427.42 reached in September 2021, QNT has lost significant value and is currently trading at a considerable discount from its peak. The recent price action and declining momentum suggest that a cautious approach is warranted.

In summary, while the price may be oversold in the short term, the overall bearish trend and negative moving averages indicate potential further downside. Therefore, the recommendation is to Hold QNT at this time, as a clearer trend reversal or bullish signal is needed before considering a Buy.