Quant (QNT) is currently priced at $75.15, reflecting a significant decline of 5.67% over the last 24 hours. The daily trading range has been between $74.85 and $80.41, indicating a volatility of 5.56%, which suggests the market is reacting to downward pressure.

The trading volume stands at approximately 15.14 million, with a volume-to-market cap ratio of 1.39%. This relatively low volume amid a price drop indicates weak buying interest, further corroborated by the 1-hour RSI of 15, signaling oversold conditions and potential bearish momentum.

In terms of moving averages, the 8 SMA is at $77.41, down 2.92%, while the 13 SMA is at $78.04, down 3.70%. Longer-term averages like the 21 SMA and 55 SMA are also showing declines, which highlights a consistent bearish trend over the short to medium term.

The 7-day RSI at 44 suggests a neutral sentiment, while the 7-day price change of -5.28% indicates a recent downtrend. In contrast, the 14-day price change of 2.28% and the 30-day price change of 6.39% point to stronger performance in the medium-term, suggesting potential for recovery if buying pressure returns.

Despite these short-term challenges, QNT's all-time high of $427.42 from September 2021 indicates significant long-term potential. However, the current technical indicators and the recent price action suggest further downside risk in the immediate term.

Given the current market conditions, including high volatility, low volume, and bearish moving averages, the recommendation is to hold. This strategy allows for monitoring potential price stabilization and a more favorable entry point as the market potentially seeks to reverse its current trend.