Technical Analysis for WEED - Roundhill Cannabis ETF

Grade Last Price % Change Price Change
C 42.66 3.61% 1.49
WEED closed down 6.53 percent on Wednesday, March 6, 2024, on 88 percent of normal volume.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 23.22%
Overbought Stochastic Strength 23.22%
Down 3 Days in a Row Weakness 23.22%
Narrow Range Bar Range Contraction 15.17%
Overbought Stochastic Strength 15.17%
Fell Below 20 DMA Bearish 12.97%
Narrow Range Bar Range Contraction 12.97%
Stochastic Reached Overbought Strength 12.97%
Inside Day Range Contraction 12.97%
Overbought Stochastic Strength 12.97%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 14 hours ago
Up 2 ATRs about 14 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
2x Volume Pace about 19 hours ago
1.5x Volume Pace about 19 hours ago

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Profile

The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Under normal circumstances, at least 80% of the fund?s net assets will be invested in equity securities, including common stock and depositary receipts, of companies and REITs that derive at least 50% of their net revenue from, or invest a majority of their assets in, the cannabis and hemp ecosystem (?Cannabis Companies?). It is non-diversified.
Classification

Keywords: Exchange Traded Funds Real Estate Investment Trust Real Assets

Top 10 Components

Symbol Grade Price % Change Allocation
FIZZ F 0.64 9.52

Is WEED a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 45.5732
52 Week Low 6.08
Average Volume 8,754
200-Day Moving Average 27.55
50-Day Moving Average 34.11
20-Day Moving Average 39.12
10-Day Moving Average 39.96
Average True Range 3.70
RSI (14) 43.82
ADX 29.31
+DI 66.67
-DI 62.14
Chandelier Exit (Long, 3 ATRs) 34.48
Chandelier Exit (Short, 3 ATRs) 17.17
Upper Bollinger Bands 44.94
Lower Bollinger Band 33.29
Percent B (%b) 0.11
BandWidth 29.78
MACD Line 1.01
MACD Signal Line 1.98
MACD Histogram -0.9718
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.69
Resistance 3 (R3) 38.00 37.28 37.18
Resistance 2 (R2) 37.28 36.50 37.13 37.01
Resistance 1 (R1) 35.95 36.01 35.59 35.64 36.84
Pivot Point 35.23 35.23 35.05 35.08 35.23
Support 1 (S1) 33.90 34.45 33.54 33.59 32.40
Support 2 (S2) 33.18 33.96 33.03 32.23
Support 3 (S3) 31.85 33.18 32.06
Support 4 (S4) 31.54