NYSEARCA:WEED - NYSE Arca - US53656F1286 - ETF - Currency: USD
Overall WEED gets a technical rating of 6 out of 10. In the last year, WEED was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
WEED has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
9.08
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for WEED is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEED is up. |
ChartMill Relative Strength | 7.26 | NEGATIVE | WEED has a low relative strength, it was outperformed by 92.74% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEED is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEED is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEED is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 69.35 | NEUTRAL | The RSI value for WEED is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests WEED has a positive trend. |
Stochastics (14,3) | 80.29 | OVERBOUGHT | The high Stochastics value suggests WEED may be overbought. |
Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for WEED suggests high volalility. |
Average Directional Index/ADX (14) | 31.98 | POSITIVE | The high ADX value value for WEED suggests a strong trend. |
NYSEARCA:WEED (7/29/2025, 4:10:10 PM)
12.4256
-0.91 (-6.85%)