Quant (QNT) is currently trading at $65.31, reflecting a slight 24-hour decline of 1.12%. The daily trading range has been relatively tight, fluctuating between a high of $66.71 and a low of $65.10, indicating a market that is currently lacking strong momentum.

Volume has reached approximately 9.05 million, suggesting moderate trading activity, yet the volume-to-market cap ratio stands at 0.95%, indicating that the current price movement is not backed by robust trading volume. The short-term moving averages are generally trending downwards, with the 8 SMA at $65.78 and the 55 SMA at $66.31, further confirming the lack of bullish momentum.

The 1-hour RSI is at a critical low of 25, indicating that QNT is in oversold territory, which may prompt a short-term rebound. In contrast, the 7-day RSI is at 44, suggesting that while the asset is not yet oversold on a longer time frame, it is still in a downward trend with a 7-day price change of -10.67%.

Over the last 14 days, QNT has experienced a decrease of approximately 2.80%, and the 30-day price change shows a more significant decline of 17.78%. This continued downtrend highlights bearish sentiment, especially when compared to its all-time high of $427.42, reached in September 2021.

Given the current technical indicators and the broader price movements, the outlook for QNT remains cautious. The asset is oversold in the short term, which may provide a bounce opportunity, but the overall trend is bearish, and the lack of volume suggests limited buying interest.

Rating: Hold. While a short-term rebound could occur, the ongoing downtrend and low RSI levels indicate that entering a position now may not be prudent until clearer bullish signals emerge.