NYSE:ZBH • US98956P1021
Taking everything into account, ZBH scores 6 out of 10 in our technical rating. In the last year, ZBH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ZBH has an average technical rating and also the quality of the setup is only medium 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.
84.85
When analyzing the support we can see 3 important areas.
We can see 4 important resistance areas.
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 | UP | POSITIVE | The short term trend for ZBH is up. |
| ChartMill Relative Strength | 36.35 | NEUTRAL | ZBH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZBH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZBH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZBH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.02 | OVERBOUGHT | The high RSI value suggests ZBH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.21 | POSITIVE | The MACD value suggests ZBH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.23 | OVERBOUGHT | The high Stochastics value suggests ZBH may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBH suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for ZBH suggests a strong trend. |
98.75
-0.5 (-0.5%)
ChartMill assigns a technical rating of 6 / 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 73.0213. This indicates that the stock is currently overbought.
The short term momentum for ZIMMER BIOMET HOLDINGS INC (ZBH) is positive.