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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ZBH
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Zimmer Biomet Holdings stock price ended at $119.33 on Thursday, after losing 1.62%.
(Updated on Apr 18, 2024)

Sell candidate since Apr 16, 2024 Loss -2.24% PDF

The Zimmer Biomet Holdings stock price fell by -1.62% on the last day (Thursday, 18th Apr 2024) from $121.30 to $119.33. It has now fallen 7 days in a row. During the last trading day the stock fluctuated 2.38% from a day low at $118.63 to a day high of $121.45. The price has fallen in 9 of the last 10 days and is down by -6.45% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -232 thousand shares and in total, 1 million shares were bought and sold for approximately $150.11 million.

Given the current short-term trend, the stock is expected to rise 2.71% during the next 3 months and, with a 90% probability hold a price between $122.56 and $137.07 at the end of this 3-month period.

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ZBH Signals & Forecast

There are few to no technical positive signals at the moment. The Zimmer Biomet Holdings stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $123.77 and $126.62. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -10.01%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Zimmer Biomet Holdings stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.83 (2.38%) between high and low. For the last week, the stock has had daily average volatility of 2.52%.

Zimmer Biomet Holdings is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ZBH) For The Upcoming Trading Day Of Friday 19th

For the upcoming trading day on Friday, 19th we expect Zimmer Biomet Holdings to open at $119.80, and during the day (based on 14 day Average True Range), to move between $116.87 and $121.79, which gives a possible trading interval of +/-$2.46 (+/-2.06%) up or down from last closing price. If Zimmer Biomet Holdings takes out the full calculated possible swing range there will be an estimated 4.13% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $122.80, some $3.47 (2.91%) from the current price of $119.33, our system finds the risk reward not very attractive.

Is Zimmer Biomet Holdings stock A Buy?

The Zimmer Biomet Holdings stock holds several negative signals and despite the positive trend, we believe Zimmer Biomet Holdings will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.475 Sell Candidate Unchanged

Predicted Opening Price for Zimmer Biomet Holdings of Friday, April 19, 2024

Fair opening price April 19, 2024 Current price
$119.80 ( 0.395%) $119.33

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ZBH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 122.63 2.76 %
R2 121.55 1.86 %
R1 120.88 1.30 %
Current price: 119.33
Support S1 118.72 -0.509 %
S2 118.06 -1.07 %
S3 116.98 -1.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 128.35 7.56 %
R2 123.04 3.11 %
R1 122.80 2.91 %
Current price 119.33
Support S1 0 .
S2 0 .
S3 0 .

ZBH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 30, 2024 $0.240 0.201%
2 Dec 14, 2023 Dec 26, 2023 Jan 31, 2024 $0.240 0.191%
3 Aug 25, 2023 Sep 28, 2023 Oct 31, 2023 $0.240 0.230%
4 May 15, 2023 Jun 26, 2023 Jul 31, 2023 $0.240 0.174%
5 May 15, 2023 Jun 23, 2023 Jul 31, 2023 $0.240 0.174%

FAQ

What is the symbol for Zimmer Biomet Holdings Stock and on which exchange is it traded?
The symbol for Zimmer Biomet Holdings is ZBH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Zimmer Biomet Holdings Stock?
The Zimmer Biomet Holdings stock holds several negative signals and despite the positive trend, we believe Zimmer Biomet Holdings will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Zimmer Biomet Holdings Stock?
Zimmer Biomet Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Zimmer Biomet Holdings Stock.

What's the current price of Zimmer Biomet Holdings Stock?
As of the end of day on the 2024-04-18, the price of an Zimmer Biomet Holdings (ZBH) share was $119.33.

What is the 52-week high and low for Zimmer Biomet Holdings Stock?
The 52-week high for Zimmer Biomet Holdings Stock is $149.25 and the 52-week low is $102.00.

What is the market capitalization of Zimmer Biomet Holdings Stock?
As of the 2024-04-18, the market capitalization of Zimmer Biomet Holdings is 25.326B.

When is the next earnings date for Zimmer Biomet Holdings?
The upcoming earnings date for Zimmer Biomet Holdings is May 02, 2024.
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About Zimmer Biomet Holdings

Zimmer Biomet Holdings Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates in the musculoskeletal healthcare business in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company designs, manufactures, and markets orthopaedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; spine products comprising medical devices an... ZBH Profile

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