Quant (QNT) is currently trading at $78.65, reflecting a 1.82% decrease over the last 24 hours. The price has fluctuated within a daily range of $3.87, hitting a high of $82.48 and a low of $78.61, indicating market volatility.

The trading volume over the past 24 hours is approximately $15.69 million, with a volume-to-market cap ratio of 1.37%. This suggests a relatively low trading activity compared to its overall market capitalization, which may indicate a lack of strong buying interest at current price levels.

Technical indicators reveal bearish momentum, with the 1-hour Relative Strength Index (RSI) at 27, signaling that QNT is oversold in the short term. Meanwhile, the 7-day RSI at 47 shows a neutral position, indicating the price could stabilize or consolidate before making a significant move.

Moving averages support the bearish outlook, with the short-term 8 SMA at $79.64 showing a decline of 1.24%. The longer moving averages also reflect downward pressure, as the 144 SMA stands at $80.60 with a drop of 2.42%, suggesting ongoing selling momentum.

Fundamentally, QNT's price remains significantly below its all-time high of $427.42 achieved in September 2021, indicating a long-term bearish trend. However, the 30-day price change of 6.73% suggests some recovery, which could attract investors looking for potential rebounds.

Given the current technical indicators and the overall market sentiment, a cautious approach is advised. The price action indicates that QNT may continue to face downward pressure in the short term.

Rating: Hold. The oversold condition on the 1-hour RSI suggests a potential short-term bounce, but overall bearish trends and lack of strong buying interest point to potential further declines.