US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

ZBH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $89.49 and stabilize above resistance $92.03.

Invalidation Trigger

Break above $92.03 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.8, MACD -0.140

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5289 (0.6%)

1h

EMA Structure

Bearish
EMA 8$89.2Bearish
EMA 21$89.49Bearish
EMA 50$89.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.8 · MACD -0.140

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5289 · BB 4.16%

Low volatility

Strength
Bullish
Volume
MFI 11.2 · OBV -8.79%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$87.59 - $92.03

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.59% · 7.7 ATR above latest close

$92.55
Nearest resistance

+3.99% · 6.7 ATR above · 34-bar high

$92.03
Current price

Price shown is delayed

$88.49
Nearest support

-1.02% · 1.7 ATR below · 34-bar low

$87.59
Deeper support zone

-1.61% · 2.7 ATR below latest close

$87.06
ATR zone

Latest close ± ATR14

$87.96 - $89.02

Indicators

Trend

Dow Theory Structure

Confirmation $88.32, invalidation $89.71

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

Trend strength is active

31.0 / 23.4 / 43.8Bearish
Supertrend (10,3)

Price is above Supertrend

$86.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.64 / $89.64Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$0.5289 (0.6%)Bullish
Bollinger Bands (20,2)

Width 4.16%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.61 / $88.36Bullish
ATR channel lower / upper

Current Volatility Envelope

$87.96 / $89.02Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$92.03Range
Support

Nearest Downside Decision Level

$87.59Range

Momentum

RSI (14)

Momentum is weak

39.8Bearish
MACD (12,26,9)

Histogram is negative

-0.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.4 / 31.2Bearish
Williams %R (14)

Oversold zone

-92.6Bullish
CCI (20)

Weak expansion

-126.2Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

11.2Bearish
OBV slope

20-period OBV slope

-8.79%Bearish
Volume ratio

Relative to 20-period average volume

4.15xBullish

Trend

Dow Theory Structure

Confirmation $88.32, invalidation $89.71

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

Trend strength is active

31.0 / 23.4 / 43.8Bearish
Supertrend (10,3)

Price is above Supertrend

$86.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.64 / $89.64Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

39.8Bearish
MACD (12,26,9)

Histogram is negative

-0.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.4 / 31.2Bearish
Williams %R (14)

Oversold zone

-92.6Bullish
CCI (20)

Weak expansion

-126.2Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.5289 (0.6%)Bullish
Bollinger Bands (20,2)

Width 4.16%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.61 / $88.36Bullish
ATR channel lower / upper

Current Volatility Envelope

$87.96 / $89.02Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

11.2Bearish
OBV slope

20-period OBV slope

-8.79%Bearish
Volume ratio

Relative to 20-period average volume

4.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$92.03Range
Support

Nearest Downside Decision Level

$87.59Range

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