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Archive - 8/28/2026 - Sign In to see current Signals. |
Zimmer Bio (ZBH) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Zimmer Bio (ZBH). During the week, the ZBH gave back -0.07 points, or -0.07%, and closed at 100.91 on Friday, August 28, 2026. Weekly volume was -37% below average. ZBH is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ZBH long-term trend chart] A long-term downtrend had started on March 28, 2024 at 133.90 and reached 79.12 on May 11, 2026. ZBH lost 54.78 points, or 40.91%, in 110 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See ZBH medium-term trend chart] A medium-term uptrend had started on May 11, 2026 at 79.12 and reached 102.12 on August 24, 2026. ZBH gained -23.00 points, or -29.07%, in 15 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 92.69 and resistance is at 103.50. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ZBH weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See ZBH short-term trend chart] A short-term uptrend had started on July 22, 2026 at 87.87 and reached 102.12 on August 24, 2026. ZBH gained -14.25 points, or -16.22%, in 33 days. The chart has formed a Rising Wedge chart pattern.
Daily Technical Indicators: [See ZBH daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The distance between the Bollinger Bands (6.62%) is close to one year low (6.09%). It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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