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ZBH Stock Forecast & Zimmer Biomet Holdings Chart Analysis

This article provides a detailed analysis of ZBH-Zimmer Biomet Holdings stock including a forecast for ZBH shares. It features Zimmer Biomet Holdings, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

ZBH Historical Data Review

ZBH Current Price Performance Analysis

The Zimmer Biomet Holdings - ZBH stock traded on the American stock market, on 06-05-2024, closed at 112.64$ with a %-0.71 decreased compared to the previous day.

In the last month, the price of ZBH changed by %-6.57 decreased in value, from 120.56 dollars on 05-06-2024 to 112.64 dollars, decreased.

Last year, the price of ZBH was 130.27 dollars on 06-06-2023, and changed by %-13.53 decreased in value, to 112.64 dollars decreased within a year.

The price of Zimmer Biomet Holdings stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

ZBH with AI Stock Forecast & Price Target

ZBH stock forecast Zimmer Biomet Holdings price target

On the ZBH chart Zimmer Biomet Holdings price was recorded as 112.64 Dollars on 06/05/2024.

The artificial intelligence's forecast on ZBH stock is as follows.

The artificial intelligence's prediction error margin for ZBH stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Zimmer Biomet Holdings stock over the next 4 months is: 90.5 Dollars.

The commentary on ZBH stock Target Price: Highest: 120.511 Dollars is predicted.

The commentary on ZBH stock Target Price: Lowest: 71.896 Dollars is predicted.

Resistance Price where Zimmer Biomet Holdings stock will Rise and Fall:

Date Price Prediction
08-29-2024 98.218
09-18-2024 98.325
12-02-2024 90.809

Support Price where Zimmer Biomet Holdings stock will Fall and Rise:

Date Price Prediction
08-09-2024 96.429
09-03-2024 98.135
11-07-2024 86.139
04-11-2025 71.896

The commentary on ZBH stock: The target price can generally be said to be on the decline.

The commentary on ZBH stock: Fluctuations in the target price can be expected in the coming days.

The target price for Zimmer Biomet Holdings stock by the end of 2024 is predicted to be 85.713 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ZBH stock, and the 2024 target price predictions for Zimmer Biomet Holdings are detailed above.

The technical analysis and charts for the commentary on ZBH stock are below.

ZBH Support & Resistance and Trend Analysis

ZBH review Zimmer Biomet Holdings technical analysis trend chart ZBH priceZBH stock support and resistance price chart

ZBH stock you have reviewed the technical analysis support resistance charts regarding.

ZBH : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ZBH review, the Zimmer Biomet Holdings support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Zimmer Biomet Holdings Support and Resistance Prices:

ZBH Support Level Price ZBH Resistance Level Price
102.73 112.66
114.64 121.16
115.44 122.25
116.93 123.96
119.13 124.81
119.40 125.00
122.49 128.47
124.38 128.49
129.51
133.90

ZBH Technical Analysis: SMA, RSI, MACD

ZBH review Zimmer Biomet Holdings SMA chart analysis ZBH priceZBH buy or sell review Zimmer Biomet Holdings MACD chart analysis ZBH price

Upon reviewing the ZBH chart, buy and sell signals have been generated in the Zimmer Biomet Holdings technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for ZBH stock are as follows:
  1. ZBH technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Zimmer Biomet Holdings gave a 'Buy' signal when the RSI was at 27.072, with the current RSI value at 17.114.
  3. The technical analysis for Zimmer Biomet Holdings indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Zimmer Biomet Holdings stock: Click here to read more predictions on Delta Air Lines stock.

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