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Archive
- 1/17/2025 -
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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 5.10 points, or 4.88%, and closed at 109.60 on Friday, January 17, 2025. ZBH was trading at average weekly trading volume.
 Long-term trend: [See ZBH long-term trend chart]
A long-term downtrend had started on May 2, 2023 at 149.25 and reached 100.70 on January 8, 2025. ZBH lost 48.55 points, or 32.53%, in 88 weeks. The price is now at the 18.33% retracement level.
 Medium-term trend: [See ZBH medium-term trend chart]
A medium-term downtrend had started on March 28, 2024 at 133.90 and reached 100.70 on January 8, 2025. ZBH lost 33.20 points, or 24.79%, in 40 weeks. The chart has formed a Descending Triangle chart pattern. The price is near the trend resistance line (109.96). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ZBH weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since November 1, 2024. The distance between MACD and the signal line is low, but getting bigger. 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 January 8, 2025 at 100.70 and reached 110.00 on January 17, 2025. ZBH gained -9.30 points, or -9.24%, in 9 days. Price is near the trend high.
 Daily Technical Indicators: [See ZBH daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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