USA - New York Stock Exchange - NYSE:ZBH - US98956P1021 - Common Stock
Overall ZBH gets a technical rating of 1 out of 10. ZBH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ZBH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 93.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
86.67
2 important support areas can be observed.
6 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for ZBH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZBH is up. |
| ChartMill Relative Strength | 22.34 | NEGATIVE | ZBH has a low relative strength, it was outperformed by 77.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZBH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZBH is above 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) | 52.23 | NEUTRAL | The RSI value for ZBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests ZBH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.97 | NEUTRAL | The Stochastics value for ZBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for ZBH suggests a weak or negative trend. |
92.85
-1.23 (-1.31%)
ChartMill assigns a technical rating of 1 / 10 to ZBH.
The current trend direction for ZIMMER BIOMET HOLDINGS INC (ZBH) is Bearish.
ZIMMER BIOMET HOLDINGS INC (ZBH) has an RSI value of 52.2339. This indicates that the stock is currently neutral.
The short term momentum for ZIMMER BIOMET HOLDINGS INC (ZBH) is positive.
The buy/sell signal for ZIMMER BIOMET HOLDINGS INC (ZBH) is hold as the short term and long term trends are mixed.