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Archive
- 6/12/2026 -
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Zimmer Bio (ZBH) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Zimmer Bio (ZBH). During the week, the ZBH gained 1.24 points, or 1.42%, and closed at 88.57 on Friday, June 12, 2026. ZBH was trading at average weekly trading volume.
 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. The price is now at the 17.25% retracement level.
 Medium-term trend: [See ZBH medium-term trend chart]
A medium-term downtrend had started on February 26, 2026 at 101.49 and reached 79.12 on May 11, 2026. ZBH lost 22.37 points, or 22.04%, in 10 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 74.45 and resistance is at 92.97. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See ZBH weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 May 11, 2026 at 79.12 and reached 90.50 on June 10, 2026. ZBH gained -11.38 points, or -14.38%, in 30 days. The price is now at the 16.96% retracement level.
Daily Technical Indicators: [See ZBH daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 14, 2026. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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