US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

ZBH 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $97.59 and stabilize above resistance $133.28.

Invalidation Trigger

Break above $133.28 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 45.7, MACD -0.117

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.32 (13.24%)

Monthly

EMA Structure

Bearish
EMA 8$90.57Bullish
EMA 21$97.59Bearish
EMA 50$110.79Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.7 · MACD -0.117

Neutral zone

Strength
Bearish
Volatility
ATR $12.32 · BB 37.01%

High volatility

Strength
Bearish
Volume
MFI 31.2 · OBV -192.50%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$79.15 - $133.28

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+56.51% · 4.3 ATR above latest close

$145.6
Nearest resistance

+43.27% · 3.3 ATR above · 34-bar high

$133.28
Current price

Price shown is delayed

$93.03
Nearest support

-14.92% · 1.1 ATR below · 34-bar low

$79.15
Deeper support zone

-28.16% · 2.1 ATR below latest close

$66.83
ATR zone

Latest close ± ATR14

$80.71 - $105.35

Indicators

Trend

Dow Theory Structure

Confirmation $84.71, invalidation $101.37

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

Trend strength is active

24.1 / 14.5 / 14.7Bearish
Supertrend (10,3)

Price is above Supertrend

$49.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.18 / $114.03Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Volatility

ATR (14)

High volatility

$12.32 (13.24%)Bearish
Bollinger Bands (20,2)

Width 37.01%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$122.57 / $71.57Bearish
ATR channel lower / upper

Current Volatility Envelope

$80.71 / $105.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.28Range
Support

Nearest Downside Decision Level

$79.15Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-0.117Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.7 / 21.4Bullish
Williams %R (14)

Neutral zone

-52.3Range
CCI (20)

Balanced zone

-78.1Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.2Bearish
OBV slope

20-period OBV slope

-192.50%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $84.71, invalidation $101.37

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

Trend strength is active

24.1 / 14.5 / 14.7Bearish
Supertrend (10,3)

Price is above Supertrend

$49.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.18 / $114.03Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-0.117Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.7 / 21.4Bullish
Williams %R (14)

Neutral zone

-52.3Range
CCI (20)

Balanced zone

-78.1Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$12.32 (13.24%)Bearish
Bollinger Bands (20,2)

Width 37.01%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$122.57 / $71.57Bearish
ATR channel lower / upper

Current Volatility Envelope

$80.71 / $105.35Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.2Bearish
OBV slope

20-period OBV slope

-192.50%Bearish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.28Range
Support

Nearest Downside Decision Level

$79.15Range

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