Quant (QNT) is currently trading at $76.70, reflecting a significant 24-hour decline of 6.13%. The daily trading range shows volatility with a high of $84.72 and a low of $76.69, indicating a potential resistance level near $84.

Volume stands at approximately $26.36 million, equating to 2.36% of the market cap, which suggests moderate trading activity but lacks sufficient momentum to drive the price upward. The hourly moving averages reflect a bearish sentiment, with the 8 SMA at $80.46 showing a decline of 4.68%, indicating downward pressure in the short term.

The 1-hour RSI is at an extremely low level of 21, signaling that QNT is oversold in the very short term. However, the 7-day RSI at 51 indicates neutral conditions, suggesting that while there is short-term weakness, the medium-term outlook is stabilizing.

Over the past 7 days, QNT has seen a price increase of 1.86%, but longer-term metrics are concerning, with a 14-day change of -2.77% and a 30-day change of -0.14%. This indicates a potential downtrend, especially as the price is significantly below the recent moving averages.

Considering the technical indicators and the recent bearish price action, it is prudent to adopt a cautious approach. The resistance levels around $80 are currently not being tested favorably, and the overall market sentiment appears to be bearish.

Given these factors, a Sell rating is appropriate at this time due to the combination of short-term oversold conditions not translating into upward momentum, and the longer-term negative price trends suggesting further declines may be forthcoming.