US stock / ETF

Zimmer Biomet Holdings, Inc.

ZBH · NYSE · USD

4 hoursBearish62%
4h Downside probability 62%Bearish

ZBH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $100.26 and stabilize above resistance $101.98.

Invalidation Trigger

Break above $101.98 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 46.6, MACD -0.178

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9839 (0.99%)

4h

EMA Structure

Bullish
EMA 8$100.45Bearish
EMA 21$100.26Bearish
EMA 50$99.02Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.6 · MACD -0.178

Neutral zone

Strength
Bearish
Volatility
ATR $0.9839 · BB 3.22%

Low volatility

Strength
Bullish
Volume
MFI 49.1 · OBV -3.00%

Relative to 20-period average volume

Strength
Range
Price Levels
$97.5 - $101.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.5% · 3.5 ATR above latest close

$102.96
Nearest resistance

+2.51% · 2.5 ATR above · 34-bar high

$101.98
Current price

Price shown is delayed

$99.48
Nearest support

-1.99% · 2.0 ATR below · 34-bar low

$97.5
Deeper support zone

-2.98% · 3.0 ATR below latest close

$96.52
ATR zone

Latest close ± ATR14

$98.5 - $100.46

Indicators

Trend

Dow Theory Structure

Confirmation $101.98, invalidation $99.23

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

Trend strength is active

34.4 / 24.8 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$96.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.22 / $98.37Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

Low volatility

$0.9839 (0.99%)Bullish
Bollinger Bands (20,2)

Width 3.22%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.53 / $98.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$98.5 / $100.46Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$101.98Range
Support

Nearest Downside Decision Level

$97.5Range

Momentum

RSI (14)

Neutral zone

46.6Range
MACD (12,26,9)

Histogram is negative

-0.178Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.1 / 41.5Bearish
Williams %R (14)

Oversold zone

-89.9Bullish
CCI (20)

Weak expansion

-102.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

-3.00%Bearish
Volume ratio

Relative to 20-period average volume

2.15xBullish

Trend

Dow Theory Structure

Confirmation $101.98, invalidation $99.23

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

Trend strength is active

34.4 / 24.8 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$96.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.22 / $98.37Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Neutral zone

46.6Range
MACD (12,26,9)

Histogram is negative

-0.178Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.1 / 41.5Bearish
Williams %R (14)

Oversold zone

-89.9Bullish
CCI (20)

Weak expansion

-102.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.9839 (0.99%)Bullish
Bollinger Bands (20,2)

Width 3.22%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.53 / $98.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$98.5 / $100.46Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

-3.00%Bearish
Volume ratio

Relative to 20-period average volume

2.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$101.98Range
Support

Nearest Downside Decision Level

$97.5Range

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