ZIMMER BIOMET HOLDINGS INC (ZBH) Stock Technical Analysis
USA - NYSE:ZBH - US98956P1021 - Common Stock
99.06 USD
+0.23 (+0.23%)
99.06 USD
0 (0%)
We assign a technical rating of 4 out of 10 to ZBH. ZBH has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ZBH has an average volume of 1481180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ZBH turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
ZBH is an average performer in the Health Care Equipment & Supplies industry, it outperforms 62% of 191 stocks in the same industry.
ZBH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZBH is lagging the market.
In the last month ZBH has a been trading in the 96.06 - 104.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ZBH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
89.31
116.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 98.31 to 98.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 90.21 to 91.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 99.98 to 100.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 105.38 to 109.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 112.54 to 113.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @115.46 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ZBH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZBH is neutral. |
| ChartMill Relative Strength | 40.74 | NEUTRAL | ZBH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZBH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZBH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZBH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.44 | NEUTRAL | The RSI value for ZBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZBH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.41 | NEUTRAL | The Stochastics value for ZBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.37 | POSITIVE | The high ADX value value for ZBH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
99.06
+0.23 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.23%
1 Week0.57%
2 Weeks-1.23%
1 Month-4.61%
3 Month5.62%
6 Month-3.21%
12 Month-4.29%
2 Year-5.12%
3 Year-12.61%
5 Year-25.01%
10 Year-5.27%
15 YearN/A
Volatility
ATR(14)2.2
ATR(20)%2.23%
ATR Inc-15.85%
Range Today1.3
ADR(20)2.16
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.74
Mansfield-1.35
10 Day High101.31
10 Day Low96.06
20 Day High104.49
20 Day Low96.06
52 Week High114.72
52 Week Low89.22
CS1 End98.77
CR1 Start99.98
Volume & EV
DER(3)1.42%
DER(5)1.25%
Volume920.80K
Volume Incr-31.95%
Vol(5)961.30K
Vol(50)1.48M