US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

4 hoursBearish76%
4h Downside probability 76%Bearish

ZBH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $89.63 and stabilize above resistance $92.03.

Invalidation Trigger

Break above $92.03 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.5, MACD 0.046

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9658 (1.09%)

4h

EMA Structure

Bearish
EMA 8$89.3Bearish
EMA 21$89.63Bearish
EMA 50$90.98Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.5 · MACD 0.046

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9658 · BB 5.27%

Low volatility

Strength
Bullish
Volume
MFI 54.3 · OBV 2.25%

Relative to 20-period average volume

Strength
Range
Price Levels
$87.26 - $92.03

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.09% · 4.7 ATR above latest close

$92.99
Nearest resistance

+3.99% · 3.7 ATR above · 34-bar high

$92.03
Current price

Price shown is delayed

$88.49
Nearest support

-1.39% · 1.3 ATR below · 34-bar low

$87.26
Deeper support zone

-2.48% · 2.3 ATR below latest close

$86.29
ATR zone

Latest close ± ATR14

$87.52 - $89.46

Indicators

Trend

Dow Theory Structure

Confirmation $90.01, invalidation $88.32

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

Trend strength is active

26.2 / 28.9 / 38.3Bearish
Supertrend (10,3)

Price is above Supertrend

$85.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.91 / $91.85Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$0.9658 (1.09%)Bullish
Bollinger Bands (20,2)

Width 5.27%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$91.87 / $87.33Bullish
ATR channel lower / upper

Current Volatility Envelope

$87.52 / $89.46Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$92.03Range
Support

Nearest Downside Decision Level

$87.26Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is positive

0.046Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.8 / 32.4Bearish
Williams %R (14)

Neutral zone

-74.2Range
CCI (20)

Balanced zone

-47.4Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.3Range
OBV slope

20-period OBV slope

2.25%Bullish
Volume ratio

Relative to 20-period average volume

1.75xBullish

Trend

Dow Theory Structure

Confirmation $90.01, invalidation $88.32

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

Trend strength is active

26.2 / 28.9 / 38.3Bearish
Supertrend (10,3)

Price is above Supertrend

$85.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.91 / $91.85Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is positive

0.046Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.8 / 32.4Bearish
Williams %R (14)

Neutral zone

-74.2Range
CCI (20)

Balanced zone

-47.4Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.9658 (1.09%)Bullish
Bollinger Bands (20,2)

Width 5.27%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$91.87 / $87.33Bullish
ATR channel lower / upper

Current Volatility Envelope

$87.52 / $89.46Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.3Range
OBV slope

20-period OBV slope

2.25%Bullish
Volume ratio

Relative to 20-period average volume

1.75xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$92.03Range
Support

Nearest Downside Decision Level

$87.26Range

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