Should You Buy Quant (QNT) Monday?

Monday, September 05, 2022 08:50 AM | InvestorsObserver Analysts

Quant receives an average long-term technical score of 48 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 48% 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 48 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

Quant's price is $8.5400000 (10.07%) above its 100-day moving average price of $84.800000000 as its price at the moment sits at $93.340000000. Additionally, QNT is $52.1800000 (200.03%) higher than its 52-week low price of $41.160000000 while -$335.05000000 (19.45%) under its 52-week high of $428.380000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives QNT an average long-term technical score of 48. Long-term trading movement of Quant suggest that investors are bearish on the token at the moment. Quant currently has a total market cap of $1,126,829,204.73 to go along with its average daily volume of $90,061,481.00 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 13,502,614.48 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 48 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).