US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

12 hoursBullish78%
12h Upside probability 78%Bullish

ZBH 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $88.38 and reclaim $102.

Invalidation Trigger

Lose $88.38 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 54.3, MACD -0.119

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.38 (2.39%)

12h

EMA Structure

Bullish
EMA 8$100.03Bearish
EMA 21$98.68Bullish
EMA 50$95.77Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.3 · MACD -0.119

Neutral zone

Strength
Range
Volatility
ATR $2.38 · BB 6.42%

Medium volatility

Strength
Range
Volume
MFI 60.8 · OBV 1.90%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$88.38 - $102

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.92% · 2.1 ATR above latest close

$104.38
Nearest resistance

+2.53% · 1.1 ATR above · 34-bar high

$102
Current price

Price shown is delayed

$99.48
Nearest support

-11.16% · 4.7 ATR below · 34-bar low

$88.38
Deeper support zone

-13.55% · 5.7 ATR below latest close

$86
ATR zone

Latest close ± ATR14

$97.1 - $101.86

Indicators

Trend

Dow Theory Structure

Confirmation $101.95, invalidation $94.75

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

Trend strength is active

34.0 / 29.1 / 11.0Bullish
Supertrend (10,3)

Price is above Supertrend

$93.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$98.1 / $94.38Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

Medium volatility

$2.38 (2.39%)Range
Bollinger Bands (20,2)

Width 6.42%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$103.24 / $94.35Range
ATR channel lower / upper

Current Volatility Envelope

$97.1 / $101.86Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$102Range
Support

Nearest Downside Decision Level

$88.38Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.4 / 77.8Bearish
Williams %R (14)

Neutral zone

-34.6Range
CCI (20)

Balanced zone

54.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.8Bullish
OBV slope

20-period OBV slope

1.90%Bullish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $101.95, invalidation $94.75

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

Trend strength is active

34.0 / 29.1 / 11.0Bullish
Supertrend (10,3)

Price is above Supertrend

$93.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$98.1 / $94.38Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.4 / 77.8Bearish
Williams %R (14)

Neutral zone

-34.6Range
CCI (20)

Balanced zone

54.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$2.38 (2.39%)Range
Bollinger Bands (20,2)

Width 6.42%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$103.24 / $94.35Range
ATR channel lower / upper

Current Volatility Envelope

$97.1 / $101.86Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.8Bullish
OBV slope

20-period OBV slope

1.90%Bullish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102Range
Support

Nearest Downside Decision Level

$88.38Range

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