Executive Summary

Based on the latest technical indicators, the current recommendation for Quant (QNT) is: Hold Off.
This analysis synthesizes multiple technical indicators to provide a well-rounded perspective on the asset’s potential movements.

Technical Indicators Overview

1. Price Analysis

• Latest Close Price: $114.94
• Support Level: $54.4855197639,90.7799357637
• Resistance Level: $115.0014660186,115.0014660186

2. Relative Strength Index (RSI)

The RSI measures the speed and change of price movements. Values above 70 indicate overbought conditions, while values below 30 suggest oversold conditions.

• RSI (7-period): 83.43
• RSI (30-period): 69.19

3. Stochastic RSI

Stochastic RSI is a momentum oscillator that applies the Stochastic oscillator formula to RSI values, making it more sensitive to price changes.

• StochRSI %K (7-period): 89.71
• StochRSI %K (30-period): 97.46

4. Moving Averages (SMA)

Simple Moving Averages (SMA): Simple Moving Averages smooth out price data to help identify trends over specific periods.

• SMA (7-period): 101.05
• SMA (30-period): 80.76
• Trend Analysis: The short-term trend is bullish as the 7-period SMA is above the 30-period SMA.

5. Average True Range (ATR)

ATR measures market volatility by decomposing the entire range of an asset price for a given period.

• ATR (7-period): 8.43
• ATR (30-period): 6.29

6. Moving Average Convergence Divergence (MACD)

MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price.

• MACD (7-period): MACD: 10.09, Signal: 8.46
• MACD (30-period): MACD: 10.09, Signal: 8.46

7. Average Directional Index (ADX)

ADX measures the strength of a trend. Values above 25 indicate a strong trend, while values below suggest a weak trend.

• ADX (7-period): ADX: 67.19, +DI: 41.03, -DI: 4.26
• ADX (30-period): ADX: 28.33, +DI: 34.52, -DI: 9.64

8. Rate of Change (ROC)

ROC is a momentum oscillator that measures the percentage change in price between the current price and the price a certain number of periods ago.

• ROC (7-period): 19.82%
• ROC (30-period): 100.03%

9. Risk-Reward Ratio

The risk-reward ratio assesses the potential reward of a trade against its potential risk.

• Risk-Reward Ratio (7-period): 0.00
• Risk-Reward Ratio (30-period): 0.00

10. Bullish Candlestick Patterns

Bullish candlestick patterns can indicate potential upward price movements.

• 7-period Patterns: No bullish patterns identified.
• 30-period Patterns: No bullish patterns identified.

11. Volume Analysis

Trading volume indicates the strength of a price move. High volume during price increases suggests strong buying interest.

• Yesterdays Volume: 66005309.06

Price Charts

Detailed Indicator Analysis

Relative Strength Index (RSI)

The RSI is currently at 83.43 (7-period) and 69.19 (30-period).
Overbought conditions.

Stochastic RSI

The Stochastic RSI %K is at 89.71 (7-period) and 97.46 (30-period).
Overbought.

Moving Averages (SMA)

The 7-period SMA is N/A, and the 30-period SMA is N/A.
Short-term trend is bearish.

Average True Range (ATR)

ATR values are 8.43 (7-period) and 6.29 (30-period), indicating the current market volatility.
High volatility.

Moving Average Convergence Divergence (MACD)

MACD readings are as follows:

• 7-period: MACD: 10.09, Signal: 8.46
• 30-period: MACD: 10.09, Signal: 8.46

Bullish momentum

Average Directional Index (ADX)

ADX values are [object Object] (7-period) and [object Object] (30-period).
A weak or no trend.

Rate of Change (ROC)

ROC values are 19.82% (7-period) and 100.03% (30-period).
Positive momentum.

Risk-Reward Ratio

The current risk-reward ratios are 0.00 (7-period) and 0.00 (30-period).
Unfavorable.

Bullish Candlestick Patterns

Detected bullish patterns in the last 7 periods: No bullish patterns identified.
Detected bullish patterns in the last 30 periods: No bullish patterns identified.

Volume Analysis

The yesterdays trading volume is 66005309.06.
High trading volume indicates strong interest.

Final Recommendation

Recommendation: Hold Off

This recommendation is based on a combination of multiple technical indicators:

• RSI and Stochastic RSI levels indicate potential overbought or oversold conditions.
• MACD trends suggest bullish or bearish momentum.
• ADX values confirm the strength of the current trend.
• ROC provides insight into the momentum direction.
• Risk-Reward Ratios assess the potential profitability versus risk.
• Bullish candlestick patterns highlight potential reversal points.
• Volume analysis indicates the strength of price movements.

It’s essential to consider these factors holistically rather than relying on a single indicator.

**Note:** Technical analysis is not foolproof and should be complemented with fundamental analysis and market sentiment evaluation. Always perform your due diligence before making trading decisions.