WEED

Technical Sentiment Analysis for Roundhill Cannabis ETF (WEED). As of 2026-03-03, Roundhill Cannabis ETF (WEED) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WEED stands at 41.69, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.67, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.17 and the Commodity Channel Index (CCI) at -159.11 further confirm a -0.76 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, WEED is trading above its 60-day moving average of $18.86 and above its 200-day long-term moving average of $16.81. Key price levels to watch include the immediate resistance at $17.76 and strong support at $15.2. A break above $17.76 could signal a bull continuation, while falling below $15.2 may test the next Fibonacci floor at $13.99.