Based on today's classical pivot point (P1) with the value of $18.07, Compound has support levels of $16.70, $15.17, and the strongest at $13.81. Similarly, Compound resistance levels are at $19.60, $20.96, and $22.49.
| # | Price | Strength |
|---|---|---|
| S1 | $16.70 | |
| S2 | $15.17 | |
| S3 | $13.81 |
| # | Price | Strength |
|---|---|---|
| R1 | $19.60 | |
| R2 | $20.96 | |
| R3 | $22.49 |
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) | 47.46 | NEUTRAL |
| Stoch RSI (14) | 59.86 | NEUTRAL |
| Stochastic Fast (14) | 60.46 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 13.68 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.83 | NEUTRAL |
| Momentum (10) | 0.62 | BUY |
| MACD (12, 26) | 0.08 | NEUTRAL |
| Williams Percent Range (14) | -39.54 | NEUTRAL |
| Bull Bear Power (13) | 0.95 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 41.42 | NEUTRAL |
| VWMA (10) | 17.66 | BUY |
| Hull Moving Average (9) | 17.26 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 20.40 | NEUTRAL |
Over the past 7 days, Compound price was most positively correlated with the price of Cosmos (ATOM), Aerodrome Finance (AERO), Lido DAO Token (LDO), The Graph (GRT) and Immutable X (IMX) and most negatively correlated with the price of OKB (OKB), DeXe (DEXE), APENFT (NFT), Midnight (NIGHT) and KuCoin Token (KCS).
| Name | Correlation |
|---|---|
| Cosmos | 0.851 |
| Aerodrome Finance | 0.788 |
| Lido DAO Token | 0.763 |
| The Graph | 0.761 |
| Immutable X | 0.741 |
| Name | Correlation |
|---|---|
| OKB | -0.392 |
| DeXe | -0.369 |
| APENFT | -0.350 |
| Midnight | -0.220 |
| KuCoin Token | -0.129 |
Compound price is positively correlated with the top 10 coins by market cap with a price of 0.566, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.390.
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.
