Overall WEED gets a technical rating of 6 out of 10. In the last year, WEED was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
WEED has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
13.06
4 important support areas can be observed.
- A support zone ranging from 19.08 to 19.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.83 from a trend line in the weekly time frame.
- Support @13.90 from a trend line in the daily time frame.
- Support @13.19 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.85 to 20.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.70 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for WEED is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEED is neutral. |
| ChartMill Relative Strength | 54.5 | NEUTRAL | WEED is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WEED is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WEED is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEED is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.78 | NEUTRAL | The RSI value for WEED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests WEED has a negative trend. |
| Stochastics (14,3) | 26.35 | NEUTRAL | The Stochastics value for WEED is a neutral value. |
| Average True Range in percent/ATR (20) | 12.43 | HIGH VOLATILITY | The high ATR as a percentage value for WEED suggests high volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for WEED suggests a weak or negative trend. |
NYSEARCA:WEED (12/31/2025, 8:04:00 PM)
19.8435
-0.39 (-1.91%)
ROUNDHILL CANNABIS ETF / WEED FAQ
Can you provide the ChartMill technical rating for ROUNDHILL CANNABIS ETF?
ChartMill assigns a technical rating of 6 / 10 to WEED.
Can you provide the trend direction for ROUNDHILL CANNABIS ETF?
The current trend direction for ROUNDHILL CANNABIS ETF (WEED) is Bullish.
What is the RSI signal for ROUNDHILL CANNABIS ETF (WEED) stock?
ROUNDHILL CANNABIS ETF (WEED) has an RSI value of 50.7819. This indicates that the stock is currently neutral.
What is the MACD signal for WEED stock?
The MACD indicator for ROUNDHILL CANNABIS ETF (WEED) has a value of -0.277573, indicating a bearish trend.