In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for QNT is a sum of QNT’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for QNT over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Quant price prediction tools. When trying to predict the Quant price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Quant traders use a variety of tools to try and determine the direction in which the QNT market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 106.22, Quant has support levels of $ 104.79, $ 103.62, and the strongest at $ 102.19. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Moving averages are a lagging indicator which means they are based on previous price action. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a popular indicator in all financial markets. Popular QNT Moving Averages and Oscillators for Wed, May 17, 2023 Currently, the RSI value is at 39.92, which indicates that the QNT market is in a neutral position. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Quant's short-term 50-Day SMA is estimated to hit $ 103.44 by Jun 16, 2023. Meanwhile, a Golden Cross last occurred on Feb 02, 2023, which was 104 days ago.īased on our technical indicators, Quant's 200-day SMA will drop in the next month and will hit $ 126.23 by Jun 16, 2023. The most recent Death Cross in the Bitcoin market happened 54 days ago, on Mar 24, 2023. The price of Quant is currently below the 50-day SMA and this indicator has been signaling SELL for the last 58 days, since Mar 20, 2023. The 200-day SMA has been signaling SELL for the last 56 days, since Mar 22, 2023. Quant is currently trading below the 200-day simple moving average (SMA). Quant Predictions for years 2023, 20 Based on Tech Growth Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Quant forecast, it's now a bad time to buy Quant.ĭisclaimer: This is not investment advice. Quant recorded 13/30 (43%) green days with 3.40% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral). According to our current Quant price prediction, the value of Quant is predicted to drop by -9.31% and reach $ 95.51 by May 22, 2023.
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