ZIMMER BIOMET HOLDINGS INC (ZBH)

US98956P1021 - Common Stock

111.18  +0.96 (+0.87%)

Technical Rating and Analysis

5

Taking everything into account, ZBH scores 5 out of 10 in our technical rating. ZBH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

76% of all other stocks performed better in the past year than ZBH.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZBH has an average volume of 1541070 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 52% of 187 stocks in the same industry.
In the last month ZBH has a been trading in the 102.81 - 114.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ZBH Weekly chart
ZBH Daily chart
Setup Rating and Analysis

7

ZBH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 108.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

100.75

121.31

2 important support areas can be observed.

  • A support zone ranging from 106.25 to 110.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 101.77 to 104.47. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @112.54 from a trend 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.
  • Resistance @120.11 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.16
Mansfield-1.62
10 Day High114.72
10 Day Low107.85
20 Day High114.72
20 Day Low102.81
52 Week High133.9
52 Week Low101.47
Performance
1 Week-2.06%
2 Weeks1.89%
1 Month7.69%
3 Month-4.2%
6 Month-5.32%
12 Month-2.83%
2 Year-8.23%
3 Year-7.84%
5 Year-24.13%
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)-0.03
RSI(14)54.97
LBB107.11
UBB112.69
ZBH Daily chart

ZIMMER BIOMET HOLDINGS INC

NYSE:ZBH (11/25/2024, 12:04:57 PM)

111.18

+0.96 (+0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.87%
1 Week-2.06%
2 Weeks1.89%
1 Month7.69%
3 Month-4.2%
6 Month-5.32%
12 Month-2.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.2
ATR(20)%2.19%
ATR Inc
Range Today1.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High114.72
10 Day Low107.85
20 Day High114.72
20 Day Low102.81
52 Week High133.9
52 Week Low101.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume393.04K
Volume Incr3.72%
Vol(5)1.67M
Vol(50)1.54M