Quant (QNT) is currently priced at $73.81, exhibiting a slight 24-hour change of 0.43%. The daily trading range has been relatively tight, with a high of $76.31 and a low of $72.96, reflecting a daily range of 3.35%.

The trading volume stands at approximately 22,274,712, equating to a volume/market cap ratio of 2.08%, suggesting moderate liquidity. Moving averages indicate bearish sentiment, with the 8 SMA at $75.20 showing a decline of 1.85% and the 55 SMA at $76.24 reflecting a drop of 3.19%, indicating downward pressure on prices.

The hourly RSI is currently at 32, signaling oversold conditions, while the 7-day RSI sits at 47, hinting at potential weakness in momentum. Over the past week, QNT has experienced a price decline of approximately 12.68%, contrasting with a minor increase of 0.28% over the last 14 days, suggesting short-term volatility with longer-term stability.

Quant’s all-time high of $427.42, reached in September 2021, presents a stark contrast to the current price, emphasizing the significant drawdown since then. The recent price movements and indicators suggest a lack of bullish momentum, especially with the significant declines observed over the past month.

Given the current technical indicators, including bearish moving averages and oversold conditions in the short term, the market sentiment leans towards caution. Therefore, the recommendation for QNT is to Hold, as the potential for a recovery exists but is contingent on broader market conditions stabilizing and a reversal in momentum.