ZBH technical analysis
ZBH Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ZBH Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ZBH
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 98.16 | August 5, 2026 | - | Verified |
| Verification series | 98.16 | August 5, 2026 | 0.00% | Verified |
Bottom line
ZBH Technical Analysis Summary
ZBH (Zimmer Biomet) has mounted a strong recovery from its May 2026 low of 78.91, with price back above all three daily moving averages. The daily RSI14 at 62.56 and a positive MACD reflect improving momentum, and the most recent rally came on well above-average volume. The weekly chart confirms the rebound, though price at 93.93 still trades below the weekly SMA200 at 107.65, so the long-term downtrend has not fully reversed. Key resistance is at 101.80 (20/60-period high) and 107.16 (52-week high). Key support is at 92.69 (SMA20) and 86.33 (20-day low), with 78.91 (52-week low) as the structural floor. A break above 101.80 would open the path toward the 52-week high, while a loss of SMA20 support would suggest the rebound is stalling.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed to bullish. Price at 98.16 is above all three daily moving averages: SMA20 (92.69), SMA50 (89.31), and SMA200 (90.66). The SMA50 remains below the SMA200, so the longer-term average alignment has not fully turned bullish, but the price has recovered sharply from the May low of 78.91 and now sits above all three averages. The +12.11% 20-bar return and +7.35% 252-bar return reflect the strength of the rebound.
- Momentum
- Bullish. RSI14 at 62.56 is above the neutral 50 level and has room before reaching overbought territory. MACD line at 2.10 is above the signal at 1.60 with a positive histogram at 0.50, confirming positive short-term momentum. The reading indicates ongoing upside momentum rather than an exhausted move.
- Volatility
- Moderate. ATR14 at 3.23 (3.29% of price) reflects average daily movement of about 3.3%. Bollinger Bands (86.81 to 98.58) show price at 98.16 near the upper band, consistent with the strong recent advance.
- Volume
- Well above average. Latest volume of 5,480,500 is 216.6% of the 20-period average (2,530,440). The rally has been accompanied by expanding participation, with the most recent up day seeing volume more than double the recent average.
Assessment
The daily chart shows a strong recovery from the May 2026 low of 78.91. Price has climbed back above all three key moving averages, RSI is in bullish territory at 62.56, and MACD is positive with the line above the signal. The latest advance came on well above-average volume, adding conviction to the move. The 52-week position at 68.13% shows the stock has reclaimed most of its annual range. Immediate resistance is the 20/60-period high of 101.80, with the 52-week high of 107.16 beyond. Support stands at SMA20 (92.69) and the 20-day low of 86.33.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 93.93 is above SMA20 (88.59) and SMA50 (92.41) but below SMA200 (107.65). The 200-week average is still overhead and the longer-term average alignment remains bearish, so the weekly trend is best described as a recovery inside a larger downtrend. The -32.52% 252-bar return reflects the damage done before the recent rebound.
- Momentum
- Mixed with a bullish lean. RSI14 at 55.38 is above the neutral 50 level. MACD line at -0.04 is just below zero but above the signal at -0.99 with a positive histogram at 0.95, indicating momentum is turning up at the weekly level even before the line has crossed into positive territory.
- Volatility
- Moderate to elevated. ATR14 at 5.77 (6.14% of price) reflects wider weekly ranges during the recovery. Bollinger Bands (80.89 to 96.28) show price in the upper half of the band, consistent with the recent advance.
- Volume
- Above average. Weekly volume of 13,872,200 is 125.3% of the 20-week average (11,074,265), indicating increased participation in the recovery.
Assessment
The weekly chart shows the recovery is underway but the long-term trend has not fully turned. Price is back above the SMA20 and SMA50 yet still trades below the SMA200 at 107.65. RSI at 55.38 has moved above 50 and the MACD histogram has turned positive, pointing to improving weekly momentum. The weekly 20-period high of 97.60 is the near-term overhead level, with the 52-week high of 107.16 beyond. A weekly close above 97.60 would strengthen the recovery case, while a reclaim of the SMA200 would mark a more durable trend change.
Key indicators
ZBH Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 62.56 | 55.38 |
| MACD (12, 26, 9) | 2.10 / 1.60 / 0.50 | -0.04 / -0.99 / 0.95 |
| ATR (14) | 3.23 (3.29%) | 5.77 (6.14%) |
| Bollinger Bands (20, 2) | 86.81 - 98.58 | 80.89 - 96.28 |
| SMA (20) | 92.69 | 88.59 |
| SMA (50) | 89.31 | 92.41 |
| SMA (200) | 90.66 | 107.65 |
Price structure
ZBH Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 98.16 | 93.93 |
| 1-Period Return | +2.45% | +2.82% |
| 5-Period Return | +1.04% | +0.89% |
| 20-Period Return | +12.11% | +1.33% |
| 60-Period Return | +19.54% | +3.01% |
| 252-Period Return | +7.35% | -32.52% |
| 52-Week Low | 78.91 | 78.91 |
| 52-Week High | 107.16 | 107.16 |
| 52-Week Position | 68.13% | 53.16% |
Key levels
ZBH Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 101.80 | 97.60 |
| 20-Period Low | 86.33 | 78.91 |
| 60-Period High | 101.80 | 107.16 |
| 60-Period Low | 78.91 | 78.91 |
Scenarios
ZBH Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above SMA20 (92.69) on the daily chart and breaks above the 20/60-period high of 101.80, followed by a move toward the 52-week high of 107.16.
Invalidation
Price closes back below the daily SMA20 (92.69) and the 20-day low of 86.33.
What to watch
Daily RSI holding above 60; MACD histogram staying positive; volume expanding on up days; a weekly close above 97.60 to confirm the broader recovery.
Range-Bound
Trigger
Price trades between the 20-day low of 86.33 and the 20/60-period high of 101.80, consolidating the recent gains.
Invalidation
A decisive close beyond either 86.33 or 101.80 with above-average volume.
What to watch
RSI oscillating between 50 and 70; MACD flattening; volume normalizing after the spike; price action around the SMA20 (92.69).
Bearish
Trigger
Price falls back below the daily SMA20 (92.69) and SMA50 (89.31), targeting the 20-day low of 86.33 and then the 52-week low of 78.91.
Invalidation
Price reclaims the daily SMA20 (92.69) and pushes back above 101.80.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; weekly MACD line failing to cross above zero; volume expanding on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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