Compound (COMP) is currently priced at $26.80, reflecting a 1.04% increase over the last 24 hours, with a daily high of $26.98 and a low of $26.23. The daily price range of 0.75% indicates a relatively stable market, supported by a trading volume of 16,802,956, which constitutes 6.48% of its market capitalization.

The hourly moving averages show bullish momentum, with the 8 SMA at $26.58 (+0.84%) and the 55 SMA at $26.22 (+2.20%), indicating positive short-term trends. However, the 1-hour RSI is at 70, suggesting that COMP is approaching overbought territory, while the 7-day RSI at 56 indicates it is still within a healthy range for further gains.

In terms of price performance, COMP has seen a 3.38% increase over the past week and a notable 12.33% rise over the past two weeks. Conversely, the 30-day performance reveals a decline of 13.82%, indicating volatility and potential resistance at higher price levels as traders remain cautious.

Despite the recent positive movements, COMP's all-time high stands at $910.54 from May 2021, which suggests significant long-term retracement potential. Given the current price action, the combination of bullish short-term indicators and the risk of overextension in the immediate term may require a careful approach.

Based on the technical analysis and current price dynamics, the rating for Compound (COMP) is Hold. This recommendation stems from the recent upward momentum balanced against overbought signals and historical price volatility, suggesting that investors should monitor for potential entry points rather than aggressively buying at current levels.