ZIMMER HLDGS INC (ZMH) Stock Technical Analysis
NYSE:ZMH - New York Stock Exchange, Inc. - US98956P1021
Overall ZMH gets a technical rating of 3 out of 10. ZMH 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 compared to the yearly performance of all other stocks, ZMH outperforms 56% of them, which is more or less in line with the market.
ZMH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZMH is lagging the market.
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.
Although the technical rating is bad, ZMH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
101.67
122.98
When analyzing the support we can see 2 important areas.
- 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.
When analyzing the resistance we notice 2 important 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
113.56
+0.29 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.8%
2 Weeks1.21%
1 Month-0.46%
3 Month-3.35%
6 Month-0.53%
12 Month8.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.49
ATR(20)%1.22%
ATR Inc-24.26%
Range Today0.98
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.14
Mansfield0.01
10 Day High115.5
10 Day Low110.95
20 Day High115.5
20 Day Low110.95
52 Week High121.84
52 Week Low94.73
CS1 End113.2
CR1 Start113.62
Volume & EV
DER(3)1.08%
DER(5)1.47%
Volume1.80M
Volume Incr57.74%
Vol(5)1.70M
Vol(50)1.20M