US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 dayBearish83%
Daily Downside probability 83%Bearish

ZBH 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $97.05 and stabilize above resistance $102.86.

Invalidation Trigger

Break above $102.86 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 45.0, MACD -0.492

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.68 (2.82%)

Daily

EMA Structure

Range
EMA 8$96.26Bearish
EMA 21$97.05Bearish
EMA 50$95.72Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.0 · MACD -0.492

Momentum is weak

Strength
Bearish
Volatility
ATR $2.68 · BB 10.56%

Medium volatility

Strength
Range
Volume
MFI 46.4 · OBV -6.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$91.07 - $102.86

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.03% · 3.9 ATR above latest close

$105.54
Nearest resistance

+8.21% · 2.9 ATR above · 34-bar high

$102.86
Current price

Price shown is delayed

$95.06
Nearest support

-4.2% · 1.5 ATR below · 34-bar low

$91.07
Deeper support zone

-7.02% · 2.5 ATR below latest close

$88.39
ATR zone

Latest close ± ATR14

$92.38 - $97.74

Indicators

Trend

Dow Theory Structure

Confirmation $91.45, invalidation $99.18

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

Trend strength is moderate

19.6 / 21.8 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$87.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.24 / $94.6Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

Medium volatility

$2.68 (2.82%)Range
Bollinger Bands (20,2)

Width 10.56%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.57 / $91.51Range
ATR channel lower / upper

Current Volatility Envelope

$92.38 / $97.74Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$91.07Range

Momentum

RSI (14)

Momentum is weak

45.0Bearish
MACD (12,26,9)

Histogram is negative

-0.492Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.6 / 46.5Bearish
Williams %R (14)

Neutral zone

-68.4Range
CCI (20)

Balanced zone

-73.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

-6.31%Bearish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $91.45, invalidation $99.18

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

Trend strength is moderate

19.6 / 21.8 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$87.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.24 / $94.6Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Momentum is weak

45.0Bearish
MACD (12,26,9)

Histogram is negative

-0.492Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.6 / 46.5Bearish
Williams %R (14)

Neutral zone

-68.4Range
CCI (20)

Balanced zone

-73.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$2.68 (2.82%)Range
Bollinger Bands (20,2)

Width 10.56%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.57 / $91.51Range
ATR channel lower / upper

Current Volatility Envelope

$92.38 / $97.74Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

-6.31%Bearish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$91.07Range

Related Forecasts