US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

4 hoursBearish58%
4h Downside probability 58%Bearish

ZBH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $91.39 and stabilize above resistance $94.8.

Invalidation Trigger

Break above $94.8 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 49.9, MACD -0.121

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.77 (1.94%)

4h

EMA Structure

Bullish
EMA 8$91.82Bearish
EMA 21$91.39Bearish
EMA 50$90.34Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.9 · MACD -0.121

Neutral zone

Strength
Bearish
Volatility
ATR $1.77 · BB 6.27%

Low volatility

Strength
Range
Volume
MFI 39.7 · OBV -2.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$86.77 - $94.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.98% · 3.1 ATR above latest close

$96.57
Nearest resistance

+4.04% · 2.1 ATR above · 34-bar high

$94.8
Current price

Price shown is delayed

$91.12
Nearest support

-4.77% · 2.5 ATR below · 34-bar low

$86.77
Deeper support zone

-6.71% · 3.5 ATR below latest close

$85
ATR zone

Latest close ± ATR14

$89.35 - $92.89

Indicators

Trend

Dow Theory Structure

Confirmation $94.08, invalidation $88.61

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

Trend strength is moderate

12.5 / 26.5 / 30.1Bearish
Supertrend (10,3)

Price is above Supertrend

$86.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.43 / $89.26Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Volatility

ATR (14)

Low volatility

$1.77 (1.94%)Range
Bollinger Bands (20,2)

Width 6.27%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$94.58 / $88.29Range
ATR channel lower / upper

Current Volatility Envelope

$89.35 / $92.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.8Range
Support

Nearest Downside Decision Level

$86.77Range

Momentum

RSI (14)

Neutral zone

49.9Range
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 51.6Bearish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

-43.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-2.36%Bearish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Trend

Dow Theory Structure

Confirmation $94.08, invalidation $88.61

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

Trend strength is moderate

12.5 / 26.5 / 30.1Bearish
Supertrend (10,3)

Price is above Supertrend

$86.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.43 / $89.26Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Momentum

RSI (14)

Neutral zone

49.9Range
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 51.6Bearish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

-43.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.77 (1.94%)Range
Bollinger Bands (20,2)

Width 6.27%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$94.58 / $88.29Range
ATR channel lower / upper

Current Volatility Envelope

$89.35 / $92.89Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-2.36%Bearish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.8Range
Support

Nearest Downside Decision Level

$86.77Range

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