US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 hourBearish84%
1h Downside probability 84%Bearish

ZBH 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $96.11 and stabilize above resistance $99.07.

Invalidation Trigger

Break above $99.07 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.4, MACD -0.470

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7768 (0.82%)

1h

EMA Structure

Range
EMA 8$95.43Bearish
EMA 21$96.11Bearish
EMA 50$95.96Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.4 · MACD -0.470

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7768 · BB 5.71%

Low volatility

Strength
Bullish
Volume
MFI 28.9 · OBV -7.95%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$93.49 - $99.07

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.56% · 6.8 ATR above latest close

$99.85
Nearest resistance

+4.74% · 5.8 ATR above · 34-bar high

$99.07
Current price

Price shown is delayed

$94.59
Nearest support

-1.16% · 1.4 ATR below · 34-bar low

$93.49
Deeper support zone

-1.98% · 2.4 ATR below latest close

$92.71
ATR zone

Latest close ± ATR14

$93.81 - $95.37

Indicators

Trend

Dow Theory Structure

Confirmation $94.37, invalidation $98.17

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

Trend strength is active

30.4 / 15.1 / 49.0Bearish
Supertrend (10,3)

Price is above Supertrend

$92.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.44 / $95.27Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$0.7768 (0.82%)Bullish
Bollinger Bands (20,2)

Width 5.71%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$97.67 / $94.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.81 / $95.37Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.07Range
Support

Nearest Downside Decision Level

$93.49Range

Momentum

RSI (14)

Momentum is weak

38.4Bearish
MACD (12,26,9)

Histogram is negative

-0.470Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.9 / 9.3Bearish
Williams %R (14)

Oversold zone

-94.1Bullish
CCI (20)

Weak expansion

-139.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.9Bearish
OBV slope

20-period OBV slope

-7.95%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $94.37, invalidation $98.17

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

Trend strength is active

30.4 / 15.1 / 49.0Bearish
Supertrend (10,3)

Price is above Supertrend

$92.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.44 / $95.27Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

38.4Bearish
MACD (12,26,9)

Histogram is negative

-0.470Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.9 / 9.3Bearish
Williams %R (14)

Oversold zone

-94.1Bullish
CCI (20)

Weak expansion

-139.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$0.7768 (0.82%)Bullish
Bollinger Bands (20,2)

Width 5.71%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$97.67 / $94.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.81 / $95.37Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.9Bearish
OBV slope

20-period OBV slope

-7.95%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.07Range
Support

Nearest Downside Decision Level

$93.49Range

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