Based on today's classical pivot point (P1) with the value of $16.79, Compound has support levels of $16.63, $16.33, and the strongest at $16.18. Similarly, Compound resistance levels are at $17.09, $17.24, and $17.54.
| # | Price | Strength |
|---|---|---|
| S1 | $16.63 | |
| S2 | $16.33 | |
| S3 | $16.18 |
| # | Price | Strength |
|---|---|---|
| R1 | $17.09 | |
| R2 | $17.24 | |
| R3 | $17.54 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 39.29 | NEUTRAL |
| Stoch RSI (14) | 17.18 | BUY |
| Stochastic Fast (14) | 19.09 | BUY |
| Commodity Channel Index (20) | -152.62 | BUY |
| Average Directional Index (14) | 19.65 | NEUTRAL |
| Awesome Oscillator (5, 34) | -1.01 | NEUTRAL |
| Momentum (10) | -2.68 | NEUTRAL |
| MACD (12, 26) | -0.24 | NEUTRAL |
| Williams Percent Range (14) | -80.91 | BUY |
| Bull Bear Power (13) | -2.08 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.73 | NEUTRAL |
| VWMA (10) | 17.49 | SELL |
| Hull Moving Average (9) | 16.39 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 18.02 | NEUTRAL |
Over the past 7 days, Compound price was most positively correlated with the price of Hyperliquid (HYPE), Aptos (APT), Immutable X (IMX), Kaspa (KAS) and Conflux (CFX) and most negatively correlated with the price of Venice Token (VVV), JUST (JST), Algorand (ALGO), DeXe (DEXE) and Jupiter (JUP).
| Name | Correlation |
|---|---|
| Hyperliquid | 0.915 |
| Aptos | 0.897 |
| Immutable X | 0.841 |
| Kaspa | 0.837 |
| Conflux | 0.832 |
| Name | Correlation |
|---|---|
| Venice Token | -0.866 |
| JUST | -0.815 |
| Algorand | -0.793 |
| DeXe | -0.766 |
| Jupiter | -0.744 |
Compound price is positively correlated with the top 10 coins by market cap with a price of 0.104, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.091.
Currencies that are positively correlated with Compound indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Compound, a move in one direction for Compound would translate into a move in the opposite direction for the negatively correlated coin.
