Quant (QNT) is currently priced at $62.82, reflecting a 24-hour decrease of 3.50%. The daily price range has been relatively narrow, with a high of $67.80 and a low of $62.59, indicating a volatility of 5.21% over the last day.

The trading volume stands at 27,622,416, with a volume-to-market cap ratio of 3.02%, suggesting moderate liquidity. The short-term moving averages are showing bearish signals, with the 8 SMA at $64.97 down 3.30% and the 13 SMA at $65.55 down 4.17%, while the 55 SMA reflects a slight stability at $62.81, indicating indecisiveness in the market.

The 1-hour Relative Strength Index (RSI) is at 38, which signals that QNT is nearing oversold conditions, while the 7-day RSI at 45 indicates a general bearish trend over the past week. The price changes over various time frames are also concerning, with a 7-day decline of 7.92%, a 14-day drop of 20.57%, and a 30-day decrease of 16.31%, reflecting a consistent downward trajectory.

Despite the significant distance from its all-time high of $427.42 set in September 2021, the current price level shows potential support around the recent low of $62.59. However, the overall sentiment remains negative, as indicated by the current price action and moving average trends, which signal a lack of buying pressure.

Given the current bearish indicators, along with the negative momentum reflected in the RSI and moving averages, a Hold rating is advised. This strategy allows for monitoring potential reversals, as a further decline could provide a more attractive entry point for future accumulation.