US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

ZBH 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $91.81 and stabilize above resistance $102.86.

Invalidation Trigger

Break above $102.86 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 37.5, MACD -0.288

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.14 (2.41%)

Daily

EMA Structure

Bearish
EMA 8$89.46Bearish
EMA 21$91.81Bearish
EMA 50$93.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.5 · MACD -0.288

Momentum is weak

Strength
Bearish
Volatility
ATR $2.14 · BB 13.42%

Medium volatility

Strength
Range
Volume
MFI 20.6 · OBV -2.62%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$87.11 - $102.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.65% · 7.7 ATR above latest close

$105
Nearest resistance

+16.24% · 6.7 ATR above · 34-bar high

$102.86
Current price

Price shown is delayed

$88.49
Nearest support

-1.56% · 0.6 ATR below · 34-bar low

$87.11
Deeper support zone

-3.97% · 1.6 ATR below latest close

$84.97
ATR zone

Latest close ± ATR14

$86.35 - $90.63

Indicators

Trend

Dow Theory Structure

Confirmation $87.11, invalidation $99.18

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

39.5 / 12.4 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$83.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.26 / $94.99Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Medium volatility

$2.14 (2.41%)Range
Bollinger Bands (20,2)

Width 13.42%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.67 / $87.67Range
ATR channel lower / upper

Current Volatility Envelope

$86.35 / $90.63Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$87.11Range

Momentum

RSI (14)

Momentum is weak

37.5Bearish
MACD (12,26,9)

Histogram is negative

-0.288Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.2 / 18.1Bearish
Williams %R (14)

Oversold zone

-84.8Bullish
CCI (20)

Balanced zone

-83.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.6Bearish
OBV slope

20-period OBV slope

-2.62%Bearish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $87.11, invalidation $99.18

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

39.5 / 12.4 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$83.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.26 / $94.99Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

37.5Bearish
MACD (12,26,9)

Histogram is negative

-0.288Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.2 / 18.1Bearish
Williams %R (14)

Oversold zone

-84.8Bullish
CCI (20)

Balanced zone

-83.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$2.14 (2.41%)Range
Bollinger Bands (20,2)

Width 13.42%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.67 / $87.67Range
ATR channel lower / upper

Current Volatility Envelope

$86.35 / $90.63Range

Volume / Money Flow

MFI (14)

Money flow is weak

20.6Bearish
OBV slope

20-period OBV slope

-2.62%Bearish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$87.11Range

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