WEED

Technical Sentiment Analysis for Roundhill Cannabis ETF (WEED). As of 2026-03-24, Roundhill Cannabis ETF (WEED) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WEED stands at 48.17, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.27, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 44.7 and the Commodity Channel Index (CCI) at 27.12 further confirm a 0.35 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, WEED is trading above its 60-day moving average of $17.82 and above its 200-day long-term moving average of $17.22. Key price levels to watch include the immediate resistance at $16.75 and strong support at $15.57. A break above $16.75 could signal a bull continuation, while falling below $15.57 may test the next Fibonacci floor at $14.89.