US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 monthBearish64%
Monthly Downside probability 64%Bearish

ZBH 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $96.19 and stabilize above resistance $133.9.

Invalidation Trigger

Break above $133.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 48.5, MACD 1.224

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.61 (13.12%)

Monthly

EMA Structure

Bearish
EMA 8$92.53Bullish
EMA 21$96.19Bearish
EMA 50$107.15Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD 1.224

Neutral zone

Strength
Range
Volatility
ATR $12.61 · BB 32.52%

High volatility

Strength
Bearish
Volume
MFI 40.3 · OBV -101.78%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$79.12 - $133.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+52.52% · 4.0 ATR above latest close

$146.51
Nearest resistance

+39.39% · 3.0 ATR above · 34-bar high

$133.9
Current price

Price shown is delayed

$96.06
Nearest support

-17.63% · 1.3 ATR below · 34-bar low

$79.12
Deeper support zone

-30.76% · 2.3 ATR below latest close

$66.51
ATR zone

Latest close ± ATR14

$83.45 - $108.67

Indicators

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

16.9 / 11.9 / 16.2Bearish
Supertrend (10,3)

Price is above Supertrend

$55.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.45 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

48%Bearish

Volatility

ATR (14)

High volatility

$12.61 (13.12%)Bearish
Bollinger Bands (20,2)

Width 32.52%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.99 / $70.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$83.45 / $108.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

1.224Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.0 / 55.1Bullish
Williams %R (14)

Neutral zone

-39.0Range
CCI (20)

Balanced zone

-8.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.3Bearish
OBV slope

20-period OBV slope

-101.78%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

16.9 / 11.9 / 16.2Bearish
Supertrend (10,3)

Price is above Supertrend

$55.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.45 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

48%Bearish

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

1.224Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.0 / 55.1Bullish
Williams %R (14)

Neutral zone

-39.0Range
CCI (20)

Balanced zone

-8.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$12.61 (13.12%)Bearish
Bollinger Bands (20,2)

Width 32.52%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.99 / $70.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$83.45 / $108.67Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.3Bearish
OBV slope

20-period OBV slope

-101.78%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

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