US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 monthBearish89%
Monthly Downside probability 89%Bearish

ZBH 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $95.5 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 StateBearish
Momentum soft

RSI 43.9, MACD 0.741

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.08 (13.65%)

Monthly

EMA Structure

Bearish
EMA 8$90.84Bearish
EMA 21$95.5Bearish
EMA 50$106.86Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.9 · MACD 0.741

Momentum is weak

Strength
Bearish
Volatility
ATR $12.08 · BB 33.06%

High volatility

Strength
Bearish
Volume
MFI 36.4 · OBV -121.39%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$79.12 - $133.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+64.97% · 4.8 ATR above latest close

$145.98
Nearest resistance

+51.32% · 3.8 ATR above · 34-bar high

$133.9
Current price

Price shown is delayed

$88.49
Nearest support

-10.59% · 0.8 ATR below · 34-bar low

$79.12
Deeper support zone

-24.24% · 1.8 ATR below latest close

$67.04
ATR zone

Latest close ± ATR14

$76.41 - $100.57

Indicators

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

16.9 / 12.4 / 17.0Bearish
Supertrend (10,3)

Price is above Supertrend

$53.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.45 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

High volatility

$12.08 (13.65%)Bearish
Bollinger Bands (20,2)

Width 33.06%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$118.8 / $71.36Bearish
ATR channel lower / upper

Current Volatility Envelope

$76.41 / $100.57Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is positive

0.741Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.8 / 46.1Bearish
Williams %R (14)

Neutral zone

-66.2Range
CCI (20)

Balanced zone

-71.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.4Bearish
OBV slope

20-period OBV slope

-121.39%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

16.9 / 12.4 / 17.0Bearish
Supertrend (10,3)

Price is above Supertrend

$53.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.45 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

43.9Bearish
MACD (12,26,9)

Histogram is positive

0.741Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.8 / 46.1Bearish
Williams %R (14)

Neutral zone

-66.2Range
CCI (20)

Balanced zone

-71.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$12.08 (13.65%)Bearish
Bollinger Bands (20,2)

Width 33.06%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$118.8 / $71.36Bearish
ATR channel lower / upper

Current Volatility Envelope

$76.41 / $100.57Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.4Bearish
OBV slope

20-period OBV slope

-121.39%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

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