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Zimmer Biomet Holdings, Inc. (ZBH) Corporate Logo

Zimmer Biomet Holdings, Inc. (ZBH) Stock Price & Analysis

Market: NYSE • Sector: Healthcare • Industry: Medical - Devices

Zimmer Biomet Holdings, Inc. (ZBH) Profile & Business Summary

Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates in the musculoskeletal healthcare business in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company designs, manufactures, and markets orthopaedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; spine products comprising medical devices and surgical instruments; and face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest toss facilitate healing or reconstruction after open heart surgery, trauma, or for deformities of the chest. It also offers dental products that include dental reconstructive implants, and dental prosthetic and regenerative products, as well as robotic, surgical and bone cement products. The company's products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopedic surgeons, neurosurgeons, oral surgeons, dentists, hospitals, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. The company was formerly known as Zimmer Holdings, Inc. and changed its name to Zimmer Biomet Holdings, Inc. in June 2015. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana.

Key Information

Ticker ZBH
Exchange NYSE
Official Site https://www.zimmerbiomet.com
CIK Number 0001136869
View SEC Filings

Market Trend Overview for ZBH

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)

As of 2026-08-28, ZBH is moving sideways with low volatility. Over the longer term, the trend remains bullish.

ZBH last closed at 100.91. The price is about 1.7 ATR above its recent average price (96.48), and the market is currently in a sideways market with low volatility. Price at 100.91 is moving between minor support near 94.88 and minor resistance near 101.16. Direction remains unclear. View Support & Resistance from Options

Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.

Trend Alignment Summary

Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

A key downside risk boundary is near 91.44. If price falls below this area, the current structure would likely weaken further.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2026-07-13, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-08-28] Price moved quickly and looked strong, but participation was limited.Bearish signal near resistance (0.09 ATR away). Reversal risk is higher. Pattern is less clear, so strength is reduced.

Recent Price Behavior

Recent price movement appears increasingly driven by low-effort advances. Such hollow progression often reflects reduced participation and lower reliability of continuation.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-08-28 (ET)
Next-session outlook for 2026-08-31 (ET)
Bullish setup for the next session

What the model sees

The model sees a bullish edge, with 56.5% upside probability and a still-actionable balance between confirmation and reversal risk.


Why the model says this

Up probability is 56.5%, with predictability at 57% and signal agreement at 93%. Reversal risk is 12%. That suggests the directional case is supported by broad confirmation and still retains usable quality. At the same time, recent price behavior has shown failed reversal memory.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-08-28 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 100.91, 3.58% above the estimated average cost of 97.43. An estimated 91.7% of recent positioning is below the current price, while 7.5% is above it. The peak-density price is 96.25. The largest concentrated cost region is 95.53 to 97.28 and contains 30.8% of the estimated distribution. The current price is within the 100.03 to 101.28 cost region. The nearest region below the current price is 99.38 to 99.83.

Short Interest & Covering Risk for ZBH

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.58

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 5.88%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) -1.49%
20-Day Return 7.43%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 33%)

Structure Analysis

ZBH Short positioning looks normal. Current days to cover is 4.9 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. No meaningful structural fragility is currently detected (Fragility Score 24/100, DTC percentile 71%) while price maintains a mild upward bias (20D return 7.4%).

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Price action is compressing (range is tightening), which can make breaks more sensitive. Price is consolidating near highs with a weak upward bias; surface strength may mask a more fragile structure. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. High-level consolidation and compression suggest a fragile upside structure. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

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