Question 1

What does the Stochastic Oscillator suggest about ZBH's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did ZBH's Momentum indicator behave recently?

Accepted Answer

ZBH saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In 60 of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for ZBH?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ZBH just turned positive on August 16, 2024. Looking at past instances where ZBH's MACD turned positive, the stock continued to rise in 29 of 49 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for ZBH?

Accepted Answer

ZBH moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for ZBH?

Accepted Answer

The 10-day moving average for ZBH crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day price advance indicate for ZBH?

Accepted Answer

Following a +1.70% 3-day Advance, the price is estimated to grow further. Considering data from situations where ZBH advanced for three days, in 179 of 274 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for ZBH's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZBH declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 53%.

Question 8

What does ZBH breaking above its upper Bollinger Band indicate?

Accepted Answer

ZBH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on ZBH's trend?

Accepted Answer

The Aroon Indicator for ZBH entered a downward trend on August 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ZBH Stock Zimmer Biomet Holdings (ZBH, $113.37) RSI Indicator left the oversold zone on June 06, 2024

Momentum Indicator for ZBH turns positive, indicating new upward trend

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