US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 hourBearish92%
1h Downside probability 92%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 $96.66 and stabilize above resistance $99.25.

Invalidation Trigger

Break above $99.25 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.4, MACD -0.110

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5841 (0.61%)

1h

EMA Structure

Range
EMA 8$96.26Bearish
EMA 21$96.66Bearish
EMA 50$96.43Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.4 · MACD -0.110

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5841 · BB 3.58%

Low volatility

Strength
Bullish
Volume
MFI 53.3 · OBV -0.62%

Relative to 20-period average volume

Strength
Range
Price Levels
$95.1 - $99.25

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.93% · 6.5 ATR above latest close

$99.83
Nearest resistance

+3.32% · 5.5 ATR above · 34-bar high

$99.25
Current price

Price shown is delayed

$96.06
Nearest support

-1% · 1.6 ATR below · 34-bar low

$95.1
Deeper support zone

-1.61% · 2.6 ATR below latest close

$94.52
ATR zone

Latest close ± ATR14

$95.48 - $96.64

Indicators

Trend

Dow Theory Structure

Confirmation $95.1, invalidation $96.59

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

Trend strength is active

35.3 / 28.5 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$94.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.67 / $96.38Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Volatility

ATR (14)

Low volatility

$0.5841 (0.61%)Bullish
Bollinger Bands (20,2)

Width 3.58%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$97.89 / $95.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$95.48 / $96.64Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.25Range
Support

Nearest Downside Decision Level

$95.1Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-0.110Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.0 / 50.6Bearish
Williams %R (14)

Neutral zone

-59.0Range
CCI (20)

Balanced zone

-81.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.3Range
OBV slope

20-period OBV slope

-0.62%Bearish
Volume ratio

Relative to 20-period average volume

2.79xBullish

Trend

Dow Theory Structure

Confirmation $95.1, invalidation $96.59

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

Trend strength is active

35.3 / 28.5 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$94.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.67 / $96.38Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-0.110Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.0 / 50.6Bearish
Williams %R (14)

Neutral zone

-59.0Range
CCI (20)

Balanced zone

-81.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.5841 (0.61%)Bullish
Bollinger Bands (20,2)

Width 3.58%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$97.89 / $95.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$95.48 / $96.64Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.3Range
OBV slope

20-period OBV slope

-0.62%Bearish
Volume ratio

Relative to 20-period average volume

2.79xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.25Range
Support

Nearest Downside Decision Level

$95.1Range

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