US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

12 hoursBullish80%
12h Upside probability 80%Bullish

ZBH 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $83.72 and reclaim $94.8.

Invalidation Trigger

Lose $83.72 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 52.9, MACD 0.156

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.18 (2.4%)

12h

EMA Structure

Bullish
EMA 8$91.51Bearish
EMA 21$90.36Bullish
EMA 50$89.07Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.9 · MACD 0.156

Neutral zone

Strength
Bullish
Volatility
ATR $2.18 · BB 11.42%

Medium volatility

Strength
Range
Volume
MFI 60.6 · OBV -7.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$83.72 - $94.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.43% · 2.7 ATR above latest close

$96.98
Nearest resistance

+4.04% · 1.7 ATR above · 34-bar high

$94.8
Current price

Price shown is delayed

$91.12
Nearest support

-8.12% · 3.4 ATR below · 34-bar low

$83.72
Deeper support zone

-10.52% · 4.4 ATR below latest close

$81.54
ATR zone

Latest close ± ATR14

$88.94 - $93.3

Indicators

Trend

Dow Theory Structure

Confirmation $94.08, invalidation $88.59

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

16.3 / 36.9 / 24.6Bullish
Supertrend (10,3)

Price is above Supertrend

$84.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.48 / $88Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

Medium volatility

$2.18 (2.4%)Range
Bollinger Bands (20,2)

Width 11.42%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$95.6 / $85.28Range
ATR channel lower / upper

Current Volatility Envelope

$88.94 / $93.3Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.8Range
Support

Nearest Downside Decision Level

$83.72Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is positive

0.156Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.2 / 72.9Bearish
Williams %R (14)

Neutral zone

-45.8Range
CCI (20)

Balanced zone

73.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.6Bullish
OBV slope

20-period OBV slope

-7.29%Bearish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Trend

Dow Theory Structure

Confirmation $94.08, invalidation $88.59

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

16.3 / 36.9 / 24.6Bullish
Supertrend (10,3)

Price is above Supertrend

$84.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.48 / $88Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is positive

0.156Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.2 / 72.9Bearish
Williams %R (14)

Neutral zone

-45.8Range
CCI (20)

Balanced zone

73.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$2.18 (2.4%)Range
Bollinger Bands (20,2)

Width 11.42%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$95.6 / $85.28Range
ATR channel lower / upper

Current Volatility Envelope

$88.94 / $93.3Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.6Bullish
OBV slope

20-period OBV slope

-7.29%Bearish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.8Range
Support

Nearest Downside Decision Level

$83.72Range

Related Forecasts