Quant (QNT) is currently trading at $73.36, reflecting a 24-hour decline of 2.16%. The daily range indicates volatility, with a high of $75.97 and a low of $73.03, highlighting a moderate trading environment with a daily range of 2.94%.

The volume of 18,469,755 represents a market cap volume ratio of 1.73%, suggesting relatively low trading activity compared to its market capitalization. Technical indicators show that the hourly moving averages are declining, with the 8 SMA at $73.59 and the 144 SMA significantly higher at $77.84, indicating bearish sentiment in the short term.

The 1-hour RSI is at 26, indicating oversold conditions and potential for a rebound, while the 7-day RSI at 44 suggests weakness without being overly bearish. Over the past week, QNT has seen a price drop of approximately 10.1%, reflecting a sustained downtrend, while the 14-day and 30-day price changes show minimal losses, indicating a consolidation phase.

The current price remains significantly lower than its all-time high of $427.42, which was achieved in September 2021. The market sentiment appears to be cautious, with short-term momentum shifting downward, as evidenced by the moving averages and RSI readings.

Given the oversold RSI conditions in the short term and the potential for a rebound, a Hold rating is appropriate. However, the bearish trend in moving averages and the recent price declines suggest that traders should remain vigilant, with an eye on potential entry points for future bullish reversals.