ZBH Forecast and Technical Stock Analysis
Buy candidate since 2019-12-04 Loss -0.92% PDF
Zimmer Biomet Holdings gained 1.23% in the last trading day ( Wednesday, 11th Dec 2019 ), rising from $145.23 to $147.01 During the day the stock fluctuated 1.29% from a day low at $145.25 to a day high of $147.12. The price has fallen in 6 of the last 10 days , but is still up by 1.48% over the past 2 weeks. Volume fell in the last day by -178 665 shares and in total, 638 403 shares bought and sold for approximately $93.85 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the ZBH stock price was $150.79 and low was $140.93.
- 90 day high was $150.79 and low was $130.27.
- 52 week high for Zimmer Biomet Holdings - $150.79 and low - $96.99.
Zimmer Biomet Holdings lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.96% during the next 3 months and, with 90% probability hold a price between $150.32 and $164.29 at the end of this period.
Only positive signals in the chart today. Zimmer Biomet Holdings holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $146.70 and $142.69. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday December 10, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 61 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Zimmer Biomet Holdings finds support from accumulated volume at $140.31.
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 $1.87 (1.29%) between high and low. For the last week, the stock has had daily average volatility of 1.42%.
Our recommended stop-loss: $139.73 (-4.95%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
1.42 %Average volatility
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|ZBH $147.01 ($1.78 1.23%)|
ZBH is up $1.78 today, but where's it headed in 2020?
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Golden Star Signal
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