US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

ZBH 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $96.66 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

12h
Momentum StateBearish
Momentum soft

RSI 43.2, MACD -0.181

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.58 (2.73%)

12h

EMA Structure

Range
EMA 8$95.86Bearish
EMA 21$96.66Bearish
EMA 50$96.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -0.181

Momentum is weak

Strength
Bearish
Volatility
ATR $2.58 · BB 11.40%

Medium volatility

Strength
Range
Volume
MFI 34.8 · OBV -6.63%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$91.47 - $102.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.69% · 4.3 ATR above latest close

$105.44
Nearest resistance

+8.96% · 3.3 ATR above · 34-bar high

$102.86
Current price

Price shown is delayed

$94.41
Nearest support

-3.11% · 1.1 ATR below · 34-bar low

$91.47
Deeper support zone

-5.84% · 2.1 ATR below latest close

$88.89
ATR zone

Latest close ± ATR14

$91.83 - $96.98

Indicators

Trend

Dow Theory Structure

Confirmation $91.47, invalidation $99.07

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

Trend strength is active

33.9 / 14.7 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$87.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.22 / $95.62Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Medium volatility

$2.58 (2.73%)Range
Bollinger Bands (20,2)

Width 11.40%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.13 / $91.11Range
ATR channel lower / upper

Current Volatility Envelope

$91.83 / $96.98Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$91.47Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-0.181Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.4 / 45.3Bearish
Williams %R (14)

Neutral zone

-71.6Range
CCI (20)

Balanced zone

-54.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-6.63%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Trend

Dow Theory Structure

Confirmation $91.47, invalidation $99.07

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

Trend strength is active

33.9 / 14.7 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$87.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.22 / $95.62Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-0.181Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.4 / 45.3Bearish
Williams %R (14)

Neutral zone

-71.6Range
CCI (20)

Balanced zone

-54.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$2.58 (2.73%)Range
Bollinger Bands (20,2)

Width 11.40%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.13 / $91.11Range
ATR channel lower / upper

Current Volatility Envelope

$91.83 / $96.98Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-6.63%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$91.47Range

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