US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

1 weekBearish65%
Weekly Downside probability 65%Bearish

ZBH 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $92.63 and stabilize above resistance $102.86.

Invalidation Trigger

Break above $102.86 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.8, MACD -0.663

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.49 (6.2%)

Weekly

EMA Structure

Bearish
EMA 8$92.35Bearish
EMA 21$92.63Bearish
EMA 50$93.32Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.8 · MACD -0.663

Momentum is weak

Strength
Bearish
Volatility
ATR $5.49 · BB 21.64%

High volatility

Strength
Bearish
Volume
MFI 71.0 · OBV 56.20%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$79.12 - $102.86

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+22.44% · 3.6 ATR above latest close

$108.35
Nearest resistance

+16.24% · 2.6 ATR above · 34-bar high

$102.86
Current price

Price shown is delayed

$88.49
Nearest support

-10.59% · 1.7 ATR below · 34-bar low

$79.12
Deeper support zone

-16.79% · 2.7 ATR below latest close

$73.63
ATR zone

Latest close ± ATR14

$83 - $93.98

Indicators

Trend

Dow Theory Structure

Confirmation $102.86, invalidation $83.72

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

Trend strength is active

24.8 / 19.1 / 20.3Bearish
Supertrend (10,3)

Price is above Supertrend

$73.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.99 / $93Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

High volatility

$5.49 (6.2%)Bearish
Bollinger Bands (20,2)

Width 21.64%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.56 / $81.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$83 / $93.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$79.12Range

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is negative

-0.663Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.1 / 25.1Bearish
Williams %R (14)

Oversold zone

-86.9Bullish
CCI (20)

Balanced zone

-44.7Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.0Bullish
OBV slope

20-period OBV slope

56.20%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $102.86, invalidation $83.72

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

Trend strength is active

24.8 / 19.1 / 20.3Bearish
Supertrend (10,3)

Price is above Supertrend

$73.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.99 / $93Bearish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is negative

-0.663Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.1 / 25.1Bearish
Williams %R (14)

Oversold zone

-86.9Bullish
CCI (20)

Balanced zone

-44.7Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$5.49 (6.2%)Bearish
Bollinger Bands (20,2)

Width 21.64%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.56 / $81.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$83 / $93.98Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.0Bullish
OBV slope

20-period OBV slope

56.20%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.86Range
Support

Nearest Downside Decision Level

$79.12Range

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