Quant (QNT): How Does it Rank Wednesday on Long-Term Trading Metrics?

Wednesday, August 17, 2022 06:44 PM | InvestorsObserver Analysts

Quant receives an average long-term technical score of 36 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, QNT holds a superior long-term technical analysis score than 36% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Quant a 36 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Quant!

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Trading Analysis

QNT is currently $30.0700000 (38.10%) above its 100-day moving average price of $78.930000000 with its current price of $108.990000000. Meanwhile, Quant is $67.8300000 (238.07%) above its 52-week low price of $41.160000000 and -$319.39000000 (23.11%) below its 52-week high of $428.380000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 36. Trends for the long-term trading history of Quant suggest that traders are currently bearish on the token. Quant currently has a total market cap of $1,315,858,416.11 to go along with its average daily volume of $345,517,966.21 worth of the currency over the past seven days. QNT's volume is below its seven day average as of the past 24 hours, with 47,440,708.28 exchanged in that period.

Summary

Trading patterns over the last year for Quant leads to the token's an average long-term technical score of 36 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Quant (QNT).