US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 hourBearish84%
1h Downside probability 84%Bearish

ZBH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $91.95 and stabilize above resistance $94.08.

Invalidation Trigger

Break above $94.08 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 42.9, MACD -0.261

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5125 (0.56%)

1h

EMA Structure

Range
EMA 8$91.66Bearish
EMA 21$91.95Bearish
EMA 50$91.55Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD -0.261

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5125 · BB 3.45%

Low volatility

Strength
Bullish
Volume
MFI 33.0 · OBV -2.74%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$88.61 - $94.08

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.81% · 6.8 ATR above latest close

$94.59
Nearest resistance

+3.25% · 5.8 ATR above · 34-bar high

$94.08
Current price

Price shown is delayed

$91.12
Nearest support

-2.75% · 4.9 ATR below · 34-bar low

$88.61
Deeper support zone

-3.32% · 5.9 ATR below latest close

$88.1
ATR zone

Latest close ± ATR14

$90.61 - $91.63

Indicators

Trend

Dow Theory Structure

Confirmation $91.1, invalidation $93.74

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

Trend strength is active

35.2 / 21.6 / 49.1Bearish
Supertrend (10,3)

Price is above Supertrend

$89.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.25 / $91.69Bearish
Donchian Channel (20)

20-period breakout channel position

1%Range

Volatility

ATR (14)

Low volatility

$0.5125 (0.56%)Bullish
Bollinger Bands (20,2)

Width 3.45%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93 / $90.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$90.61 / $91.63Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.08Range
Support

Nearest Downside Decision Level

$88.61Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.261Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.7 / 4.4Bearish
Williams %R (14)

Oversold zone

-99.3Bullish
CCI (20)

Weak expansion

-132.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-2.74%Bearish
Volume ratio

Relative to 20-period average volume

3.45xBullish

Trend

Dow Theory Structure

Confirmation $91.1, invalidation $93.74

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

Trend strength is active

35.2 / 21.6 / 49.1Bearish
Supertrend (10,3)

Price is above Supertrend

$89.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.25 / $91.69Bearish
Donchian Channel (20)

20-period breakout channel position

1%Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.261Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.7 / 4.4Bearish
Williams %R (14)

Oversold zone

-99.3Bullish
CCI (20)

Weak expansion

-132.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$0.5125 (0.56%)Bullish
Bollinger Bands (20,2)

Width 3.45%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93 / $90.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$90.61 / $91.63Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-2.74%Bearish
Volume ratio

Relative to 20-period average volume

3.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.08Range
Support

Nearest Downside Decision Level

$88.61Range

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