Zimmer Biomet Holdings, Inc. | ZBH

Daily Technical Analysis of Zimmer Biomet Holdings, Inc.

Zimmer Biomet Holdings is only slightly up on the day, shares traded 0.12% higher on the day. It looks like ZBH may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line ZBH is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. Momentum wise Zimmer Biomet Holdings, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.

If the price breaks through the resistance level it will probably move up to the $118.09 where it may meet further resistance. If the price reverses and heads back down lower, it looks like the nearest support level is $103.85 it may head back up from there or break lower.

Last analyzed on 2025-03-31

Analyst Ratings for Zimmer Biomet Holdings By Price Target And Rating

The analysts are pretty neutral on Zimmer Biomet Holdings right now, so not much useful information here. The current Analysts Sentiment Score is 1.03. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Truist Financial decided to move down their price target on 2024-05-03 to $130.00 which is a -5.11% decrease. Oppenheimer gave a boost to their price target and moved to $155.00 from $150.00 on 2024-05-03. Needham & Company LLC announced that they are reiterating a rating of Hold on 2024-05-02. Evercore ISI provided a price target boost of 4% to $130.00 from $125.00 on 2024-04-04. On 2024-04-03 Citigroup increased their price target by 4.48% to $140.00. Canaccord Genuity Group reiterated a rating of Hold on 2024-02-23 and provided a price target of $130.00. On 2024-02-12 Barclays increased their price target by 8.33% to $130.00. JPMorgan Chase & Co. provided a price target boost of 8.7% to $125.00 from $115.00 on 2024-02-09. Royal Bank of Canada announced that they are reiterating a rating of Outperform on 2024-02-09 and added a price target of $140.00. Raymond James gave a boost to their price target and moved to $137.00 from $133.00 on 2024-01-03.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
ZBH	1.03	1.17	0	1.34	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-02)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
ZBH	0.00	0.00

Short interest for Zimmer Biomet Holdings

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
ZBH	0.95	%1.00976	1.2	-15.246	2110000

How Zimmer Biomet Holdings compares to the broader Healthcare sector and the more specific Medical Devices industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Medical Devices Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	23	2.31	1.68	0.22	-0.53	6.45	8.02	42.13	3.14	8.70	14.81	-30666.84	-9306.96	5.43	0.00	4.60	0.71
Healthcare Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	221	1.83	-2.17	-4.06	-6.43	-7.06	0.60	42.13	7.10	-10.38	-6.71	-21013.92	-12401.53	9.73	4.41	6.59	1.26

Social Sentiment for Zimmer Biomet Holdings

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
ZBH

Companies with the highest correlation to Zimmer Biomet Holdings

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
SYK \| Stryker Corporation	0.99	1.11	2.70	-1.27	4.46	5.65	8.04	30	5.19	11.85	21.55	-4007.76	186.52	0	1.75248
BSX \| Boston Scientific Corp.	0.9	-1.18	-0.74	-0.74	9.60	18.91	48.33	51	33.01	84.06	136.34	-519.72	-27712.11	125	0.612786
CNMD \| CONMED Corporation	0.89	1.73	0.97	2.18	-11.88	-11.50	-22.03	45	-32.64	-17.82	-31.38	-29794.76	-2003.20	0	13.2651
IART \| Integra LifeSciences Hold	0.76	0.79	-1.04	-1.13	0.37	24.46	-35.02	31	-4.84	-3.07	-2.56	-31663.51	-155.60	0	3.45707
SIBN \| SI-BONE, Inc. Common Stoc	0.7	2.28	2.64	-12.22	1.70	5.43	-7.77	24	5.60	8.29	19.10	-20774.99	-2059.78	0	3.18382
SNN \| Smith & Nephew plc	0.68	-0.21	-0.99	-4.71	14.16	-8.79	15.90	42	7.32	9.20	9.59	-4254.96	-8284.74	0	2
MDT \| Medtronic plc	0.64	0.42	-0.13	-4.58	11.30	-1.27	4.30	18	7.92	6.24	13.98	-2982.69	-869.19	0	1.29025

Top 3 correlating companies

See full charts for all peers

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc