Quant (QNT) is currently trading at $66.32, reflecting a 24-hour change of -3.29%. The price has experienced a daily range of 4.77%, with a high of $68.59 and a low of $63.82, indicating volatility but a lack of upward momentum.

The volume over the last 24 hours is approximately 22.67 million, corresponding to a market cap volume ratio of 2.35%. This suggests relatively low trading activity compared to its market cap, indicating potential investor hesitation or profit-taking at current levels.

Technical indicators reveal that short-term moving averages (8 SMA, 13 SMA, and 21 SMA) are all below the current price, which indicates bearish sentiment. The 1-hour RSI stands at 38, suggesting oversold conditions, while the 7-day RSI at 42 indicates a slight recovery potential but remains below the neutral mark.

Over the past week, QNT has declined by approximately 16.39%, with a 14-day decline of 15.31%. The 30-day price change further confirms the bearish trend, with a drop of 15.24%, suggesting that selling pressure has persisted over the past month.

Despite the significant drop from its all-time high of $427.42 in September 2021, the current price remains relatively low. The ongoing bearish sentiment and the recent price action suggest that the market is still looking for a bottom before any potential recovery.

Given the current technical indicators, alongside the recent price declines and low trading volume, a cautious stance is recommended. Therefore, the rating for QNT is a Hold, as there may be potential for a reversal if oversold conditions improve, but further confirmation is necessary before considering a Buy.