US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

4 hoursRange53%
4h Range probability 94%Range

ZBH 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $91.47 - $101.81 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 41.6, MACD 0.234

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.36 (1.44%)

4h

EMA Structure

Range
EMA 8$96.37Bearish
EMA 21$96.16Bearish
EMA 50$96.83Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.6 · MACD 0.234

Momentum is weak

Strength
Range
Volatility
ATR $1.36 · BB 9.18%

Low volatility

Strength
Bullish
Volume
MFI 53.0 · OBV 1.46%

Relative to 20-period average volume

Strength
Range
Price Levels
$91.47 - $101.81

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.29% · 6.4 ATR above latest close

$103.17
Nearest resistance

+7.84% · 5.4 ATR above · 34-bar high

$101.81
Current price

Price shown is delayed

$94.41
Nearest support

-3.11% · 2.2 ATR below · 34-bar low

$91.47
Deeper support zone

-4.56% · 3.2 ATR below latest close

$90.1
ATR zone

Latest close ± ATR14

$93.04 - $95.77

Indicators

Trend

Dow Theory Structure

Confirmation $99.07, invalidation $91.74

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

Trend strength is active

35.4 / 30.1 / 29.3Bullish
Supertrend (10,3)

Price is above Supertrend

$91.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$95.99 / $97.16Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Volatility

ATR (14)

Low volatility

$1.36 (1.44%)Bullish
Bollinger Bands (20,2)

Width 9.18%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$99.13 / $93.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.04 / $95.77Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$101.81Range
Support

Nearest Downside Decision Level

$91.47Range

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is positive

0.234Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.4 / 58.3Bearish
Williams %R (14)

Neutral zone

-63.6Range
CCI (20)

Balanced zone

6.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

1.46%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $99.07, invalidation $91.74

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

Trend strength is active

35.4 / 30.1 / 29.3Bullish
Supertrend (10,3)

Price is above Supertrend

$91.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$95.99 / $97.16Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is positive

0.234Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.4 / 58.3Bearish
Williams %R (14)

Neutral zone

-63.6Range
CCI (20)

Balanced zone

6.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.36 (1.44%)Bullish
Bollinger Bands (20,2)

Width 9.18%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$99.13 / $93.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.04 / $95.77Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

1.46%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$101.81Range
Support

Nearest Downside Decision Level

$91.47Range

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