US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

4 hoursBullish82%
4h Upside probability 82%Bullish

ZBH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $83.95 and reclaim $93.28.

Invalidation Trigger

Lose $83.95 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 65.8, MACD 0.385

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.48 (1.6%)

4h

EMA Structure

Bullish
EMA 8$90.91Bullish
EMA 21$89.34Bullish
EMA 50$87.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.8 · MACD 0.385

Momentum is strong

Strength
Bullish
Volatility
ATR $1.48 · BB 7.56%

Low volatility

Strength
Range
Volume
MFI 35.6 · OBV -19.06%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$83.95 - $93.28

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.36% · 1.5 ATR above latest close

$94.76
Nearest resistance

+0.77% · 0.5 ATR above · 34-bar high

$93.28
Current price

Price shown is delayed

$92.57
Nearest support

-9.31% · 5.8 ATR below · 34-bar low

$83.95
Deeper support zone

-10.91% · 6.8 ATR below latest close

$82.47
ATR zone

Latest close ± ATR14

$91.09 - $94.05

Indicators

Trend

Dow Theory Structure

Confirmation $89.69, invalidation $87.09

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.9 / 30.7 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$87.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.93 / $87.45Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$1.48 (1.6%)Range
Bollinger Bands (20,2)

Width 7.56%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$92.5 / $86.35Range
ATR channel lower / upper

Current Volatility Envelope

$91.09 / $94.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$93.28Range
Support

Nearest Downside Decision Level

$83.95Range

Momentum

RSI (14)

Momentum is strong

65.8Bullish
MACD (12,26,9)

Histogram is positive

0.385Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.3 / 85.2Bullish
Williams %R (14)

Overbought zone

-10.7Bearish
CCI (20)

Strong expansion

183.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.6Bearish
OBV slope

20-period OBV slope

-19.06%Bearish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Trend

Dow Theory Structure

Confirmation $89.69, invalidation $87.09

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

19.9 / 30.7 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$87.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.93 / $87.45Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

65.8Bullish
MACD (12,26,9)

Histogram is positive

0.385Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.3 / 85.2Bullish
Williams %R (14)

Overbought zone

-10.7Bearish
CCI (20)

Strong expansion

183.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$1.48 (1.6%)Range
Bollinger Bands (20,2)

Width 7.56%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$92.5 / $86.35Range
ATR channel lower / upper

Current Volatility Envelope

$91.09 / $94.05Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.6Bearish
OBV slope

20-period OBV slope

-19.06%Bearish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$93.28Range
Support

Nearest Downside Decision Level

$83.95Range

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