ZIMMER HLDGS INC (ZMH) Technical Analysis
NYSE:ZMH • US98956P1021
Current stock price
ZMH Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to ZMH. In the last year, ZMH was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- ZMH has an average volume of 1196990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ZMH turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- ZMH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZMH is lagging the market slightly.
- In the last month ZMH has a been trading in a tight range between 110.95 and 115.50.
- Volume is considerably higher in the last couple of days.
ZMH Weekly and Daily overview Charts
ZMH Setup Rating and Analysis
ZMH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 113.20, a Stop Loss order could be placed below this zone.
More info and screens
ZMH Support and Resistance Analysis
101.67
2 important support areas can be observed.
- A support zone ranging from 109.84 to 113.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.70 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 113.62 to 115.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 121.59 to 121.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZMH 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 ZMH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZMH is neutral. |
| ChartMill Relative Strength | 56.14 | NEUTRAL | ZMH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZMH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZMH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZMH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.42 | NEUTRAL | The RSI value for ZMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ZMH has a positive trend. |
| Stochastics (14,3) | 54.95 | NEUTRAL | The Stochastics value for ZMH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for ZMH suggests low volalility. |
ZMH Chart- and CandleStick Pattern Analysis
ZMH Technicals: Chart, Performance Metrics, Trend & Indicators
113.56
+0.29 (+0.26%)
ZIMMER HLDGS INC / ZMH TA FAQ
What is the technical rating for ZMH stock?
ChartMill assigns a technical rating of 3 / 10 to ZMH.
Can you provide the trend direction for ZIMMER HLDGS INC?
The current trend direction for ZIMMER HLDGS INC (ZMH) is Bullish.
Can you provide the RSI signal for ZIMMER HLDGS INC?
ZIMMER HLDGS INC (ZMH) has an RSI value of 51.4176. This indicates that the stock is currently neutral.
What is the support and resistance level for ZMH stock?
ZIMMER HLDGS INC (ZMH) has a support level at 113.2 and a resistance level at 113.62. Check the full technical report for our detailed analysis of ZMH support and resistance levels.