Quant (QNT) is currently trading at $68.06, reflecting a 24-hour decline of 3.56%. The price has oscillated between $66.19 and $70.57 in the last day, demonstrating a daily range of 4.38%, indicating moderate volatility.

The trading volume over the past 24 hours stands at approximately $27.97 million, with a volume-to-market cap ratio of 2.82%, suggesting relatively low trading activity in relation to its market capitalization. The short-term moving averages are slightly bearish, with the 8 SMA at $68.20 and the 13 SMA at $68.16, both showing marginal declines.

The hourly Relative Strength Index (RSI) is at 51, indicating a neutral position, while the 7-day RSI of 46 suggests that QNT is nearing oversold territory. Additionally, price changes over the past week, 14 days, and 30 days indicate significant downward pressure, with declines of 10.53%, 15.91%, and 14.36%, respectively.

Historically, QNT reached an all-time high of $427.42 on September 11, 2021, but it has since struggled to regain upward momentum. The current price represents a significant retracement from this peak, and the technical indicators suggest a bearish trend in the short term.

Given the recent declines and bearish moving averages, a cautious approach is warranted. The lack of bullish momentum alongside the weakening RSI metrics indicates a potential for further downside in the near term.

Based on this analysis, I recommend a Hold rating for QNT at this time. Investors should monitor for potential price stabilization or reversal signals before considering any new positions or increases in exposure.