ZIMMER BIOMET HOLDINGS INC (ZBH) Stock Technical Analysis
USA - NYSE:ZBH - US98956P1021 - Common Stock
Taking everything into account, ZBH scores 3 out of 10 in our technical rating. 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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 95.96, a Stop Loss order could be placed below this zone.
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We found 3 important support areas.
- A support zone ranging from 95.94 to 95.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @92.59 from a horizontal line in the daily time frame.
- A support zone ranging from 90.21 to 90.62. 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 103.99 to 105.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 107.71 to 108.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- 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 | 46.26 | NEUTRAL | ZBH is not amongst the best or worst performers 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 | 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) | 49.73 | NEUTRAL | The RSI value for ZBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ZBH has a negative trend. |
| Stochastics (14,3) | 45.3 | NEUTRAL | The Stochastics value for ZBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.97 | NEGATIVE | The low ADX value for ZBH suggests a weak or negative trend. |
100.56
+1 (+1%)
ZIMMER BIOMET HOLDINGS INC / ZBH FAQ
Can you provide the ChartMill technical rating for ZIMMER BIOMET HOLDINGS INC?
ChartMill assigns a technical rating of 3 / 10 to ZBH.
What is the current trend direction of ZIMMER BIOMET HOLDINGS INC (ZBH) stock?
The current trend direction for ZIMMER BIOMET HOLDINGS INC (ZBH) is Bearish.
What is the RSI signal for ZBH stock?
ZIMMER BIOMET HOLDINGS INC (ZBH) has an RSI value of 49.7349. This indicates that the stock is currently neutral.
What is the short term momentum for ZBH stock?
The short term momentum for ZIMMER BIOMET HOLDINGS INC (ZBH) is neutral.
Can you provide the support and resistance levels for ZIMMER BIOMET HOLDINGS INC?
ZIMMER BIOMET HOLDINGS INC (ZBH) has a support level at 95.96 and a resistance level at 103.99. Check the full technical report for our detailed analysis of ZBH support and resistance levels.