US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

4 hoursBearish59%
4h Downside probability 59%Bearish

ZBH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $96.34 and stabilize above resistance $99.25.

Invalidation Trigger

Break above $99.25 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 51.0, MACD -0.376

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.05 (1.1%)

4h

EMA Structure

Bullish
EMA 8$96.78Bearish
EMA 21$96.34Bearish
EMA 50$94.67Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.0 · MACD -0.376

Neutral zone

Strength
Bearish
Volatility
ATR $1.05 · BB 6.12%

Low volatility

Strength
Bullish
Volume
MFI 44.6 · OBV 24.03%

Relative to 20-period average volume

Strength
Range
Price Levels
$90.65 - $99.25

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.42% · 4.0 ATR above latest close

$100.3
Nearest resistance

+3.32% · 3.0 ATR above · 34-bar high

$99.25
Current price

Price shown is delayed

$96.06
Nearest support

-5.63% · 5.1 ATR below · 34-bar low

$90.65
Deeper support zone

-6.73% · 6.1 ATR below latest close

$89.6
ATR zone

Latest close ± ATR14

$95.01 - $97.11

Indicators

Trend

Dow Theory Structure

Confirmation $99.25, invalidation $97.6

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

Trend strength is active

25.3 / 31.2 / 36.5Bearish
Supertrend (10,3)

Price is above Supertrend

$92.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.7 / $93.43Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Low volatility

$1.05 (1.1%)Bullish
Bollinger Bands (20,2)

Width 6.12%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.5 / $94.32Bullish
ATR channel lower / upper

Current Volatility Envelope

$95.01 / $97.11Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.25Range
Support

Nearest Downside Decision Level

$90.65Range

Momentum

RSI (14)

Neutral zone

51.0Range
MACD (12,26,9)

Histogram is negative

-0.376Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.3 / 35.9Bearish
Williams %R (14)

Neutral zone

-72.7Range
CCI (20)

Balanced zone

-33.7Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.6Bearish
OBV slope

20-period OBV slope

24.03%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Trend

Dow Theory Structure

Confirmation $99.25, invalidation $97.6

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

Trend strength is active

25.3 / 31.2 / 36.5Bearish
Supertrend (10,3)

Price is above Supertrend

$92.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.7 / $93.43Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

51.0Range
MACD (12,26,9)

Histogram is negative

-0.376Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.3 / 35.9Bearish
Williams %R (14)

Neutral zone

-72.7Range
CCI (20)

Balanced zone

-33.7Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$1.05 (1.1%)Bullish
Bollinger Bands (20,2)

Width 6.12%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.5 / $94.32Bullish
ATR channel lower / upper

Current Volatility Envelope

$95.01 / $97.11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.6Bearish
OBV slope

20-period OBV slope

24.03%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.25Range
Support

Nearest Downside Decision Level

$90.65Range

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