Quant (QNT) is currently priced at $56.43, reflecting a significant decline of 15.35% over the past 24 hours. The asset has experienced a daily trading range of $11.07, with a high of $66.76 and a low of $55.69, indicating increased volatility and market uncertainty.

The trading volume stands at approximately $38.07 million, representing 4.67% of the market cap. The hourly moving averages show a bearish trend, with the 8 SMA at $61.21, indicating a drop of 7.81%, and the longer-term averages exhibiting even steeper declines, suggesting persistent downward pressure.

The 1-hour RSI is at an extremely low 23, signaling oversold conditions in the very short term, while the 7-day RSI is at 41, indicating potential bearish momentum. In the context of the longer-term trends, the 7-day, 14-day, and 30-day price changes show declines of 22.18%, 29.77%, and 28.27%, respectively, further emphasizing the bearish market sentiment.

Given the significant price drop and the current oversold conditions, a short-term rebound may occur; however, the overall trend remains bearish. The substantial distance from its all-time high of $427.42 underscores the current weak market sentiment and the challenges QNT faces in regaining previous price levels.

In conclusion, the technical indicators and fundamental data suggest that QNT is currently in a downtrend with limited upward momentum. Therefore, the rating for Quant (QNT) is a Sell, as the risks of further declines outweigh potential short-term recovery opportunities.