Compound (COMP) is currently priced at $32.85, reflecting a 24-hour decline of 1.57%. The daily trading range has been relatively narrow, with a high of $36.44 and a low of $32.81, indicating limited volatility in the short term.

The trading volume stands at approximately 34.37 million, contributing to a volume-to-market cap ratio of 10.83%. This suggests that the market is somewhat active, but not overly aggressive, as evidenced by the price's movement below key moving averages like the 8 SMA ($34.97) and 13 SMA ($34.54), which are showing negative changes of 6.05% and 4.88%, respectively.

In terms of momentum indicators, the 1-hour RSI is at 45, indicating a neutral short-term momentum, while the 7-day RSI of 51 suggests slightly bullish conditions, yet still within a range that could indicate consolidation. The 14-day and 30-day price changes show a more bearish trend, with declines of 10.08% and 8.44%, respectively, indicating downward pressure over a longer period.

Considering the all-time high of $910.54, the current price reflects a substantial drawdown, suggesting that COMP is undervalued in a historical context. However, the lack of upward momentum and the recent negative performance metrics warrant caution for potential buyers.

Given the current technical indicators, fundamental activity, and the prevailing bearish trend in the medium-term, the rating for COMP is a Hold. This stance is based on the need for a confirmation of bullish momentum before considering new positions, alongside the observation of broader market conditions that could influence future price movements.