ROUNDHILL CANNABIS ETF (WEED) Stock Technical Analysis
NYSEARCA:WEED - NYSE Arca - US53656F1286 - ETF - Currency: USD
Overall WEED gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WEED is a bad performer in the overall market: 95% of all stocks are doing better.
WEED is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WEED is lagging the market.
In the last month WEED has a been trading in the 13.50 - 16.11 range, which is quite wide. It is currently trading near the lows of this range.
Warning: WEED has an average volume of 16094 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of WEED is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.83
26.26
We can see 5 important resistance areas.
- A resistance zone ranging from 14.01 to 14.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.31 to 15.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.00 from a horizontal line in the daily time frame.
- Resistance @25.15 from a trend line in the weekly time frame.
- Resistance @26.00 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.05
Mansfield-5.44
10 Day High16.08
10 Day Low13.5
20 Day High16.11
20 Day Low13.5
52 Week High49.58
52 Week Low13.5
Performance
1 Week-5.52%
2 Weeks-10.07%
1 Month-1.42%
3 Month-24.55%
6 Month-52.01%
12 Month-65.56%
2 Year-46.66%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)41.64
LBB13.63
UBB16.1
NYSEARCA:WEED (2/24/2025, 1:13:07 PM)
13.97
-0.32 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.24%
1 Week-5.52%
2 Weeks-10.07%
1 Month-1.42%
3 Month-24.55%
6 Month-52.01%
12 Month-65.56%
2 Year-46.66%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%3.6%
ATR Inc-46.73%
Range Today0.18
ADR(20)0.4
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.05
Mansfield-5.44
10 Day High16.08
10 Day Low13.5
20 Day High16.11
20 Day Low13.5
52 Week High49.58
52 Week Low13.5
CS1 End14.28
CR1 Start15.31
Volume & EV
DER(3)0.74%
DER(5)0.75%
Volume2.15K
Volume Incr-74.61%
Vol(5)5.76K
Vol(50)16.09K