Compound (COMP) is currently trading at $24.04, reflecting a slight 24-hour change of 0.20076%. The price range over the last 24 hours has fluctuated between a high of $24.40 and a low of $23.80, indicating low volatility with a daily range of just 0.6%.

The trading volume stands at approximately 12.45 million, with a volume-to-market cap ratio of 5.35%, suggesting moderate trading activity relative to the market capitalization. The short-term moving averages display mixed signals: the 8-period SMA shows a slight increase of 0.02%, while the longer-term averages, particularly the 144 SMA, are declining at -2.72%, indicating bearish sentiment over a more extended period.

The relative strength index (RSI) metrics reveal a neutral short-term outlook at 49 for the hourly RSI, but the 7-day RSI is at a lower 42, indicating potential oversold conditions. Notably, the price has decreased by over 11% in the past week, contributing to a more extended downtrend with declines of 10.24% over 14 days and 7.55% over 30 days.

Compound's all-time high of $910.54, achieved in May 2021, contrasts sharply with its current price, highlighting significant loss in value over time. While the recent price action suggests consolidation near current levels, the persistent downtrend and RSI data imply that traders should remain cautious.

Given the current technical indicators, recent price movements, and the overall market sentiment, a Hold rating is warranted. Although the price is stabilizing, further evidence of upward momentum is needed before considering a Buy.