ZIMMER BIOMET HOLDINGS INC (ZBH) Technical Analysis
NYSE:ZBH • US98956P1021
Current stock price
ZBH Technical Rating and Analysis
Overall ZBH gets a technical rating of 2 out of 10. ZBH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ZBH is a bad performer in the overall market: 73% of all stocks are doing better.
- ZBH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- ZBH has an average volume of 2019170 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.
- ZBH is an average performer in the Health Care Equipment & Supplies industry, it outperforms 65% of 187 stocks in the same industry.
- In the last month ZBH has a been trading in the 87.61 - 97.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZBH Weekly and Daily overview Charts
ZBH Setup Rating and Analysis
The technical rating of ZBH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ZBH Support and Resistance Analysis
84.85
When analyzing the support we notice one important area.
- A support zone ranging from 85.71 to 87.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 92.33 to 95.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.75 to 101.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @103.98 from a horizontal line in the daily time frame.
- Resistance @110.81 from a horizontal line in the weekly time frame.
ZBH Technical Indicator Signal Analysis
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 | 27.68 | NEGATIVE | ZBH has a low relative strength, it was outperformed by 72.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZBH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZBH is below a declining 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) | 44.42 | NEUTRAL | The RSI value for ZBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ZBH has a negative trend. |
| Stochastics (14,3) | 29.14 | NEUTRAL | The Stochastics value for ZBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBH suggests some volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for ZBH suggests a possible start of a new trend. |
ZBH Chart- and CandleStick Pattern Analysis
ZBH Technicals: Chart, Performance Metrics, Trend & Indicators
91.26
-1.18 (-1.28%)
ZIMMER BIOMET HOLDINGS INC / ZBH TA FAQ
Can you provide the ChartMill technical rating for ZIMMER BIOMET HOLDINGS INC?
ChartMill assigns a technical rating of 2 / 10 to ZBH.
Can you provide the trend direction for ZIMMER BIOMET HOLDINGS INC?
The current trend direction for ZIMMER BIOMET HOLDINGS INC (ZBH) is Bearish.
What is the RSI signal for ZIMMER BIOMET HOLDINGS INC (ZBH) stock?
ZIMMER BIOMET HOLDINGS INC (ZBH) has an RSI value of 44.4194. This indicates that the stock is currently neutral.
What is the MACD signal for ZIMMER BIOMET HOLDINGS INC (ZBH) stock?
The MACD indicator for ZIMMER BIOMET HOLDINGS INC (ZBH) has a value of -0.135352, indicating a bearish trend.
What is the short term momentum for ZIMMER BIOMET HOLDINGS INC (ZBH) stock?
The short term momentum for ZIMMER BIOMET HOLDINGS INC (ZBH) is neutral.