US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

ZBH 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $79.12 and reclaim $102.86.

Invalidation Trigger

Lose $79.12 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 53.6, MACD 0.088

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.56 (5.79%)

Weekly

EMA Structure

Range
EMA 8$94.67Bullish
EMA 21$93.66Bullish
EMA 50$93.71Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD 0.088

Neutral zone

Strength
Bullish
Volatility
ATR $5.56 · BB 18.03%

High volatility

Strength
Bearish
Volume
MFI 73.2 · OBV 77.46%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$79.12 - $102.86

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+12.87% · 2.2 ATR above latest close

$108.42
Nearest resistance

+7.08% · 1.2 ATR above · 34-bar high

$102.86
Current price

Price shown is delayed

$96.06
Nearest support

-17.63% · 3.0 ATR below · 34-bar low

$79.12
Deeper support zone

-23.43% · 4.0 ATR below latest close

$73.56
ATR zone

Latest close ± ATR14

$90.5 - $101.62

Indicators

Trend

Dow Theory Structure

Confirmation $102.86, invalidation $87.11

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

23.9 / 25.6 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$80.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.99 / $91.41Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Volatility

ATR (14)

High volatility

$5.56 (5.79%)Bearish
Bollinger Bands (20,2)

Width 18.03%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$104.23 / $83.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.5 / $101.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$79.12Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.088Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.8 / 59.8Bearish
Williams %R (14)

Neutral zone

-43.2Range
CCI (20)

Balanced zone

47.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.2Bullish
OBV slope

20-period OBV slope

77.46%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $102.86, invalidation $87.11

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

23.9 / 25.6 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$80.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.99 / $91.41Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.088Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.8 / 59.8Bearish
Williams %R (14)

Neutral zone

-43.2Range
CCI (20)

Balanced zone

47.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$5.56 (5.79%)Bearish
Bollinger Bands (20,2)

Width 18.03%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$104.23 / $83.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.5 / $101.62Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.2Bullish
OBV slope

20-period OBV slope

77.46%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$79.12Range

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