ZIMMER BIOMET HOLDINGS INC (ZBH) Stock Technical Analysis
NYSE:ZBH - New York Stock Exchange, Inc. - US98956P1021 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ZBH. ZBH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ZBH is a bad performer in the overall market: 79% of all stocks are doing better.
ZBH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ZBH has an average volume of 1802630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZBH is an average performer in the Health Care Equipment & Supplies industry, it outperforms 43% of 190 stocks in the same industry.
In the last month ZBH has a been trading in the 97.69 - 113.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZBH has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
97.99
117.33
When analyzing the support we notice one important area.
- A support zone ranging from 98.98 to 101.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 105.35 to 106.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @108.84 from a trend line in the weekly time frame.
- Resistance @113.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 115.46 to 116.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.13
Mansfield-1.34
10 Day High105.1
10 Day Low97.69
20 Day High113.84
20 Day Low97.69
52 Week High133.9
52 Week Low97.69
Performance
1 Week4.92%
2 Weeks2.08%
1 Month-5.57%
3 Month-4.89%
6 Month-8.88%
12 Month-18.85%
2 Year-15.37%
3 Year-17.58%
5 Year-23%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)50.28
LBB96.56
UBB109.24
104.83
+1.2 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.16%
1 Week4.92%
2 Weeks2.08%
1 Month-5.57%
3 Month-4.89%
6 Month-8.88%
12 Month-18.85%
2 Year-15.37%
3 Year-17.58%
5 Year-23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%2.19%
ATR Inc-24.64%
Range Today2.24
ADR(20)2.23
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.13
Mansfield-1.34
10 Day High105.1
10 Day Low97.69
20 Day High113.84
20 Day Low97.69
52 Week High133.9
52 Week Low97.69
CS1 End101.37
CR1 Start105.35
Volume & EV
DER(3)0.4%
DER(5)-1.13%
Volume2.13M
Volume Incr-3.26%
Vol(5)1.92M
Vol(50)1.80M