US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 weekBullish54%
Weekly Upside probability 54%Bullish

ZBH 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $79.15 and reclaim $103.67.

Invalidation Trigger

Lose $79.15 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 54.1, MACD 0.528

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.18 (5.57%)

Weekly

EMA Structure

Bearish
EMA 8$88.36Bullish
EMA 21$89.3Bullish
EMA 50$92.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.1 · MACD 0.528

Neutral zone

Strength
Bullish
Volatility
ATR $5.18 · BB 22.37%

High volatility

Strength
Bearish
Volume
MFI 45.5 · OBV -16.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$79.15 - $103.67

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17% · 3.1 ATR above latest close

$108.85
Nearest resistance

+11.43% · 2.1 ATR above · 34-bar high

$103.67
Current price

Price shown is delayed

$93.03
Nearest support

-14.92% · 2.7 ATR below · 34-bar low

$79.15
Deeper support zone

-20.49% · 3.7 ATR below latest close

$73.97
ATR zone

Latest close ± ATR14

$87.85 - $98.21

Indicators

Trend

Dow Theory Structure

Confirmation $79.15, invalidation $97.77

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

Trend strength is moderate

16.6 / 25.8 / 27.1Bearish
Supertrend (10,3)

Price is above Supertrend

$73.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.34 / $93.7Bearish
Donchian Channel (20)

20-period breakout channel position

62%Range

Volatility

ATR (14)

High volatility

$5.18 (5.57%)Bearish
Bollinger Bands (20,2)

Width 22.37%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$100.36 / $78.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$87.85 / $98.21Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$103.67Range
Support

Nearest Downside Decision Level

$79.15Range

Momentum

RSI (14)

Neutral zone

54.1Range
MACD (12,26,9)

Histogram is positive

0.528Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.6 / 57.5Bullish
Williams %R (14)

Neutral zone

-25.4Range
CCI (20)

Balanced zone

19.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.5Range
OBV slope

20-period OBV slope

-16.52%Bearish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Trend

Dow Theory Structure

Confirmation $79.15, invalidation $97.77

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

Trend strength is moderate

16.6 / 25.8 / 27.1Bearish
Supertrend (10,3)

Price is above Supertrend

$73.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.34 / $93.7Bearish
Donchian Channel (20)

20-period breakout channel position

62%Range

Momentum

RSI (14)

Neutral zone

54.1Range
MACD (12,26,9)

Histogram is positive

0.528Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.6 / 57.5Bullish
Williams %R (14)

Neutral zone

-25.4Range
CCI (20)

Balanced zone

19.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$5.18 (5.57%)Bearish
Bollinger Bands (20,2)

Width 22.37%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$100.36 / $78.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$87.85 / $98.21Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.5Range
OBV slope

20-period OBV slope

-16.52%Bearish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$103.67Range
Support

Nearest Downside Decision Level

$79.15Range

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