US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 monthBullish54%
Monthly Upside probability 54%Bullish

ZBH 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $79.12 and reclaim $133.9.

Invalidation Trigger

Lose $79.12 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 50.0, MACD 0.926

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.6 (12.66%)

Monthly

EMA Structure

Bearish
EMA 8$92.2Bullish
EMA 21$96.9Bullish
EMA 50$108.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.0 · MACD 0.926

Neutral zone

Strength
Bullish
Volatility
ATR $12.6 · BB 35.18%

High volatility

Strength
Bearish
Volume
MFI 47.4 · OBV -100.37%

Relative to 20-period average volume

Strength
Range
Price Levels
$79.12 - $133.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+47.26% · 3.7 ATR above latest close

$146.5
Nearest resistance

+34.6% · 2.7 ATR above · 34-bar high

$133.9
Current price

Price shown is delayed

$99.48
Nearest support

-20.47% · 1.6 ATR below · 34-bar low

$79.12
Deeper support zone

-33.13% · 2.6 ATR below latest close

$66.52
ATR zone

Latest close ± ATR14

$86.88 - $112.08

Indicators

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

18.5 / 19.2 / 12.2Bullish
Supertrend (10,3)

Price is above Supertrend

$59.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.23 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

High volatility

$12.6 (12.66%)Bearish
Bollinger Bands (20,2)

Width 35.18%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$121.94 / $70.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$86.88 / $112.08Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is positive

0.926Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.8 / 48.2Bullish
Williams %R (14)

Neutral zone

-30.2Range
CCI (20)

Balanced zone

30.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

-100.37%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

18.5 / 19.2 / 12.2Bullish
Supertrend (10,3)

Price is above Supertrend

$59.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.23 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is positive

0.926Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.8 / 48.2Bullish
Williams %R (14)

Neutral zone

-30.2Range
CCI (20)

Balanced zone

30.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$12.6 (12.66%)Bearish
Bollinger Bands (20,2)

Width 35.18%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$121.94 / $70.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$86.88 / $112.08Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

-100.37%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

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