


Technical Sentiment Analysis for Roundhill Cannabis ETF (WEED). As of 2026-04-14, Roundhill Cannabis ETF (WEED) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 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 52.69, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.05, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 80.47 and the Commodity Channel Index (CCI) at 70.29 further confirm a 3.25 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WEED is trading below its 60-day moving average of $16.81 and below its 200-day long-term moving average of $17.67. Key price levels to watch include the immediate resistance at $17.85 and strong support at $14.4. A break above $17.85 could signal a bull continuation, while falling below $14.4 may test the next Fibonacci floor at $12.41.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 10.95 | 12.41 | 14.4 | 15.86 | 17.85 | 19.31 | 21.3 |
| Fibonacci | 12.41 | 13.73 | 14.54 | 15.86 | 17.18 | 17.99 | 19.31 |
2026-04-14
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 52.69 |
| Stochastic Oscillator | 80.47 |
| Stochastic RSI | 81.4 |
| Commodity Channel Index (CCI) | 70.29 |
| Awesome Oscillator | 0.53 |
| Momentum | 3.25 |
| MACD | 0.05 |
2026-04-14
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 16.64 | Buy |
| 10-Day | 16.39 | Buy |
| 20-Day | 16.02 | Buy |
| 60-Day | 16.81 | Sell |
| 200-Day | 17.67 | Sell |
| 250-Day | 16.28 | Buy |