Quant (QNT) Technical Analysis – June 2, 2025

Current Market Snapshot

Price: $103.75

Daily Change: -$3.88 (-3.61%)

Intraday Range: $103.42 – $107.63

Quant (QNT) has shown signs of strength in recent sessions despite short-term volatility. Below is a concise breakdown of its technical structure across multiple indicators.

1. Moving Averages

20-day EMA: $100.42

50-day EMA: $91.38

100-day EMA: $88.26

200-day EMA: $86.46

QNT's current price remains above all key exponential moving averages, a bullish indication for both short-term and long-term investors. The position above the 20-day EMA shows recent momentum, while the price being above the 200-day EMA confirms a sustained long-term uptrend.

2. Momentum Indicators

RSI (Relative Strength Index): 57.19

Indicates neutral momentum, leaning slightly bullish. QNT is neither overbought nor oversold.

MACD (Moving Average Convergence Divergence): 6.35

A positive MACD suggests bullish momentum, but its current flattening could signal weakening upward pressure or a potential short-term pullback.

ADX (Average Directional Index): 32.70

Shows that a moderately strong trend is in place. An ADX above 25 generally confirms a trending market.

Williams %R: -52.14

This oscillator shows QNT is in a neutral zone, with no strong reversal signals.

3. Key Levels to Watch

Support Zones:

Immediate: $102.19

Psychological & Technical: $100.06

Resistance Zones:

First Level: $108.29

Major Resistance: $112.89

A break above $108.29 may signal the continuation of bullish momentum. On the downside, a drop below $100 could lead to retesting the 50-day or 100-day EMAs.

4. Chart Structure & Pattern

QNT recently broke out from a descending wedge pattern, often seen as a bullish continuation signal. Such formations suggest that the market was consolidating and is now ready to resume its upward trend—provided the breakout holds with supporting volume.

The EMAs are in sequential order from shortest to longest (20 > 50 > 100 > 200), which typically confirms a healthy bullish structure.

5. Summary & Outlook

Quant (QNT) is technically sound at current levels, trading comfortably above major moving averages. The price action, along with the chart pattern breakout, supports a bullish outlook in the short-to-medium term. However, traders should monitor resistance levels closely, particularly around $108 and $112, which could determine the next breakout or rejection zones.

Risk Note: Momentum indicators suggest that while trend strength is present, bullish momentum may be cooling slightly. A consolidation or minor correction could follow before a decisive move.

Technical Bias: Bullish

Risk Management Tip: Consider using stop-losses below the $100 support if entering long positions, and watch for confirmation above $108 to add or initiate trades.

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