


Technical Sentiment Analysis for Roundhill Cannabis ETF (WEED). As of 2026-05-22, Roundhill Cannabis ETF (WEED) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 8 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WEED stands at 46.62, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.17, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 15.69 and the Commodity Channel Index (CCI) at -118.02 further confirm a -2.83 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WEED is trading below its 60-day moving average of $18.25 and below its 200-day long-term moving average of $18.92. Key price levels to watch include the immediate resistance at $22.46 and strong support at $18.76. A break above $22.46 could signal a bull continuation, while falling below $18.76 may test the next Fibonacci floor at $17.02.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.05 | 17.02 | 18.76 | 20.72 | 22.46 | 24.43 | 26.16 |
| Fibonacci | 17.02 | 18.44 | 19.31 | 20.72 | 22.14 | 23.01 | 24.43 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 46.62 |
| Stochastic Oscillator | 15.69 |
| Stochastic RSI | 14.77 |
| Commodity Channel Index (CCI) | -118.02 |
| Awesome Oscillator | -0.32 |
| Momentum | -2.83 |
| MACD | 0.17 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 19.7 | Sell |
| 10-Day | 20.49 | Sell |
| 20-Day | 21.42 | Sell |
| 60-Day | 18.25 | Buy |
| 200-Day | 18.92 | Buy |
| 250-Day | 17.32 | Buy |