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 $96.39 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 44.7, MACD -0.133

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.21 (13.4%)

Monthly

EMA Structure

Bearish
EMA 8$89.49Bullish
EMA 21$96.39Bearish
EMA 50$108.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.7 · MACD -0.133

Momentum is weak

Strength
Bearish
Volatility
ATR $12.21 · BB 36.34%

High volatility

Strength
Bearish
Volume
MFI 39.2 · OBV -92.44%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$79.12 - $133.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+60.35% · 4.5 ATR above latest close

$146.11
Nearest resistance

+46.95% · 3.5 ATR above · 34-bar high

$133.9
Current price

Price shown is delayed

$91.12
Nearest support

-13.17% · 1.0 ATR below · 34-bar low

$79.12
Deeper support zone

-26.57% · 2.0 ATR below latest close

$66.91
ATR zone

Latest close ± ATR14

$78.91 - $103.33

Indicators

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

20.3 / 15.2 / 13.0Bullish
Supertrend (10,3)

Price is above Supertrend

$50.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.66 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Volatility

ATR (14)

High volatility

$12.21 (13.4%)Bearish
Bollinger Bands (20,2)

Width 36.34%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.62 / $70.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.91 / $103.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

Momentum

RSI (14)

Momentum is weak

44.7Bearish
MACD (12,26,9)

Histogram is negative

-0.133Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.1 / 24.7Bullish
Williams %R (14)

Neutral zone

-58.9Range
CCI (20)

Balanced zone

-67.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.2Bearish
OBV slope

20-period OBV slope

-92.44%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $79.12, invalidation $101.49

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

Trend strength is moderate

20.3 / 15.2 / 13.0Bullish
Supertrend (10,3)

Price is above Supertrend

$50.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.66 / $114.19Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Momentum

RSI (14)

Momentum is weak

44.7Bearish
MACD (12,26,9)

Histogram is negative

-0.133Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.1 / 24.7Bullish
Williams %R (14)

Neutral zone

-58.9Range
CCI (20)

Balanced zone

-67.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$12.21 (13.4%)Bearish
Bollinger Bands (20,2)

Width 36.34%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.62 / $70.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.91 / $103.33Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.2Bearish
OBV slope

20-period OBV slope

-92.44%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$133.9Range
Support

Nearest Downside Decision Level

$79.12Range

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