Quant (QNT) is currently trading at $81.85, experiencing a slight decline of 0.32% over the last 24 hours. The asset has shown a daily range of 2.36%, with a high of $83.89 and a low of $81.53, indicating a relatively stable trading environment within this timeframe.

The trading volume stands at approximately 15.56 million, representing a market cap volume ratio of 1.31%, which suggests moderate trading activity. The short-term moving averages indicate a bearish sentiment, with the 8 SMA at $82.17 and a decrease of 0.39%, while the longer-term 144 SMA at $85.81 reflects a more significant decline of 4.61%.

Momentum indicators indicate weakness, with the 1-hour RSI at 36 and the 7-day RSI at 44, suggesting that QNT is nearing oversold territory but has not yet confirmed a bullish reversal. Over the past week, QNT has declined by approximately 9.04%, and the 14-day and 30-day price changes further indicate a sustained downward trend of 12.24% and 5.66%, respectively.

Fundamentally, QNT’s all-time high of $427.42 in September 2021 highlights significant potential for recovery, but current price action and momentum suggest a bearish outlook in the short to medium term. Unless there is a notable catalyst or reversal in market sentiment, the likelihood of a substantial price increase appears limited at present.

Based on the technical analysis and current market conditions, a Hold rating is recommended. This position allows investors to monitor for a potential reversal while avoiding further losses during the ongoing downtrend.