ROUNDHILL CANNABIS ETF (WEED) Stock Technical Analysis
USA - NYSEARCA:WEED - US53656F1286 - ETF
Taking everything into account, WEED scores 0 out of 10 in our technical rating. WEED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of WEED is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.80
We can see 4 important resistance areas.
- A resistance zone ranging from 18.73 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.76 from a trend line in the weekly time frame.
- Resistance @21.58 from a trend line in the weekly time frame.
- Resistance @22.85 from a trend line in the daily 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 | 11.2 | NEGATIVE | WEED has a low relative strength, it was outperformed by 88.8% 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) | DOWN | NEGATIVE | The current price of WEED is below 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) | 34.53 | NEUTRAL | The RSI value for WEED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests WEED has a negative trend. |
| Stochastics (14,3) | 28.38 | NEUTRAL | The Stochastics value for WEED is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for WEED suggests high volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for WEED suggests a possible start of a new trend. |
NYSEARCA:WEED (11/14/2025, 6:40:00 PM)
14.95
-2.43 (-14%)
ROUNDHILL CANNABIS ETF / WEED FAQ
Can you provide the ChartMill technical rating for ROUNDHILL CANNABIS ETF?
ChartMill assigns a technical rating of 0 / 10 to WEED.
What is the trend direction for WEED stock?
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 34.5328. This indicates that the stock is currently neutral.
What are the support and resistance levels for ROUNDHILL CANNABIS ETF (WEED) stock?
ROUNDHILL CANNABIS ETF (WEED) has a resistance level at 18.73. Check the full technical report for our detailed analysis of WEED support and resistance levels.