Compound (COMP) is currently trading at $31.42, reflecting a 1.70% increase over the past 24 hours. The price has fluctuated within a daily range of $30.91 to $32.33, indicating a relatively stable trading environment with a 24-hour volatility of 1.42%.

The trading volume over the last 24 hours is approximately $19.71 million, which represents 6.49% of its market cap. This level of volume suggests moderate investor interest, but not enough to indicate a strong bullish trend at this time.

Analyzing the moving averages reveals a mixed picture; the 8 SMA, 13 SMA, and 21 SMA are all showing negative trends, while the 55 SMA is slightly positive. The 144 SMA is declining, indicating a potential resistance level at around $31.86, which may impede upward movement in the short term.

The RSI metrics indicate weakness in momentum; the 1-hour RSI is at 21, signaling oversold conditions, while the 7-day RSI at 43 suggests a lack of bullish momentum over the week. Additionally, the 7-day and 30-day price changes reflect losses of approximately 10.58% and 9.95%, respectively, indicating a prevailing bearish sentiment in the market.

Given the historical context, the all-time high for COMP stands at $910.54, reached in May 2021, showcasing significant depreciation from current levels. The current price struggles to maintain bullish momentum, and the downward trends in the shorter-term moving averages further confirm this weakness.

Based on the data analysis, a cautious stance is warranted; therefore, the rating for COMP is a Hold. The lack of upward momentum, combined with oversold conditions, suggests potential for a short-term rebound, but overall market conditions do not favor aggressive buying at this point.