ROUNDHILL CANNABIS ETF (WEED) Stock Technical Analysis
NYSEARCA:WEED • US53656F1286
We assign a technical rating of 2 out of 10 to WEED. WEED has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month WEED has a been trading in the 16.38 - 21.12 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, WEED did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- WEED is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEED is lagging the market.
- Considerably lower volume is observed in the last couple of days.
WEED has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
14.10
We found 3 important support areas.
- Support @16.57 from a horizontal line in the daily time frame.
- Support @15.01 from a trend line in the daily time frame.
- A support zone ranging from 14.24 to 14.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.07 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.46 from a trend line in the weekly time frame.
- Resistance @24.25 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 | NEUTRAL | NEUTRAL | The long term trend for WEED is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEED is down. |
| ChartMill Relative Strength | 72.46 | POSITIVE | WEED has a high relative strength, it outperformed 72.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEED is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WEED is below the rising 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) | 41.94 | NEUTRAL | The RSI value for WEED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests WEED has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11 | OVERSOLD | The low Stochastics value suggests WEED may be oversold. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for WEED suggests high volalility. |
| Average Directional Index/ADX (14) | 17.12 | NEGATIVE | The low ADX value for WEED suggests a weak or negative trend. |
NYSEARCA:WEED (2/13/2026, 8:04:00 PM)
16.9003
+0.32 (+1.93%)
ROUNDHILL CANNABIS ETF / WEED FAQ
Can you provide the ChartMill technical rating for ROUNDHILL CANNABIS ETF?
ChartMill assigns a technical rating of 2 / 10 to WEED.
Can you provide the trend direction for ROUNDHILL CANNABIS ETF?
The current trend direction for ROUNDHILL CANNABIS ETF (WEED) is Bearish.
What is the RSI signal for ROUNDHILL CANNABIS ETF (WEED) stock?
ROUNDHILL CANNABIS ETF (WEED) has an RSI value of 41.9356. 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 -0.0979798, indicating a bearish trend.