ZIMVIE INC (ZIMV) Technical Analysis
NASDAQ:ZIMV • US98888T1079
Current stock price
ZIMV Technical Rating and Analysis
Taking everything into account, ZIMV scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, ZIMV has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- ZIMV is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. ZIMV outperforms 97% of them.
- ZIMV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ZIMV is leading the market.
- Looking at the yearly performance, ZIMV did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month ZIMV has a been trading in a tight range between 18.88 and 19.00.
ZIMV Weekly and Daily overview Charts
ZIMV Setup Rating and Analysis
Besides having an excellent technical rating, ZIMV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ZIMV Support and Resistance Analysis
8.20
2 important support areas can be observed.
- A support zone ranging from 18.85 to 18.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.28 to 8.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.00 to 19.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZIMV 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 | UP | POSITIVE | The long term trend for ZIMV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZIMV is up. |
| ChartMill Relative Strength | 94.85 | POSITIVE | ZIMV has a high relative strength, it outperformed 94.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZIMV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZIMV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZIMV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.62 | OVERBOUGHT | The high RSI value suggests ZIMV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ZIMV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.63 | OVERBOUGHT | The high Stochastics value suggests ZIMV may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for ZIMV suggests low volalility. |
| Average Directional Index/ADX (14) | 66.38 | POSITIVE | The high ADX value value for ZIMV suggests a strong trend. |
ZIMV Chart- and CandleStick Pattern Analysis
ZIMV Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.01 | 18.90 | 0.11 (0.58%) | 25.00% |
| An entry @19.01. This is a Buy Stop order right above the resistance zone. | An exit @18.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 0.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZIMV Technicals: Chart, Performance Metrics, Trend & Indicators
18.99
0 (0%)
ZIMVIE INC / ZIMV TA FAQ
Can you provide the ChartMill technical rating for ZIMVIE INC?
ChartMill assigns a technical rating of 8 / 10 to ZIMV.
What is the trend direction for ZIMV stock?
The current trend direction for ZIMVIE INC (ZIMV) is Bullish.
What is the RSI signal for ZIMV stock?
ZIMVIE INC (ZIMV) has an RSI value of 74.6198. This indicates that the stock is currently overbought.
What is the MACD signal for ZIMVIE INC (ZIMV) stock?
The MACD indicator for ZIMVIE INC (ZIMV) has a value of -0.0267368, indicating a bearish trend.
What are the support and resistance levels for ZIMVIE INC (ZIMV) stock?
ZIMVIE INC (ZIMV) has a support level at 18.96 and a resistance level at 19. Check the full technical report for our detailed analysis of ZIMV support and resistance levels.