Compound (COMP) is currently trading at $26.59, reflecting a significant decline of 6.57% over the past 24 hours. The daily price range has been narrow, with a low of $26.54 and a high of $28.66, indicating reduced volatility amid this downturn.

The volume stands at approximately $26.77 million, which corresponds to a volume/market cap ratio of 10.43%, suggesting moderate trading activity relative to its market capitalization. Short-term moving averages indicate bearish sentiment, with the 8 SMA at $27.20 showing a decline of 2.26%, and the 144 SMA at $29.66 indicating a steeper drop of 10.36%.

The 1-hour RSI is at 21, indicating that the asset is in oversold territory, which could suggest a potential short-term reversal. However, the 7-day RSI of 39 shows that the price momentum remains weak, and both the 14-day and 30-day price changes are negative at -23.64% and -19.43% respectively, highlighting an ongoing bearish trend.

Compound's all-time high of $910.54 from May 2021 underscores the substantial decline from its historical peak, further emphasizing the current weakness in price performance. Given the combination of negative technical indicators, low RSI readings, and sustained bearish trends over multiple time frames, a cautious approach is warranted.

Considering the current market dynamics and the technical indicators presented, I recommend a Sell rating for COMP at this time. The bearish trends and lack of upward momentum suggest that further declines may be likely before any significant recovery can take place.