Quant (QNT) is currently trading at $67.85, having experienced a 24-hour decline of 3.25%. The daily trading range has been relatively tight at 3.15%, with a high of $70.78 and a low of $67.63, indicating a bearish sentiment in the short term.

The trading volume stands at approximately 11.13 million, which represents a 1.13% ratio of the market cap, suggesting moderate interest in the asset. The hourly moving averages indicate a downward trend, with the 8 SMA at $68.37 showing a decline of 0.76% and the 144 SMA at $70.39 reflecting a more significant decrease of 3.61%.

The 1-hour Relative Strength Index (RSI) is at 30, indicating that QNT is nearing oversold conditions, which could suggest a potential reversal in price soon. In contrast, the 7-day RSI remains neutral at 50, while the 30-day price change shows a notable decline of 17.50%, indicating longer-term bearish momentum.

Quant's historical performance shows an all-time high of $427.42 achieved in September 2021, highlighting the potential for significant upside. However, the current price action and technical indicators suggest that the market is facing challenges, with ongoing selling pressure evident in the short and medium-term.

Based on this analysis, I recommend a Hold rating for QNT. The oversold conditions reflected in the hourly RSI may provide a short-term bounce opportunity, but the prevailing bearish trend and declining moving averages warrant caution for further positions at this time.