ZBH
Moving with the market
- ZBH +0.26% on the last session vs SPY +0.74%: −0.5 pts of stock-specific move.
- Aftermath, big drop (Sep 30): After its 61 big drops in the past 5 years, ZBH typically gained 0.8% over the next month (median) and was higher 52% of the time; half the outcomes fell between -4.6% and +6.5%. An ordinary month: -0.3%. Among S&P 500 stocks after big drops, that ranks #343 of 500.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
After each kind of event
| Event | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Any day | 1,255 | 0.0%#486 H | +0.1%#402 H | -0.3%#449 H | -0.6%#428 M |
| Big drop Sep 30 (-1.9% or worse) | 64 | -0.1%#347 H | -0.2%#483 H | +0.8%#343 H | -0.9%#491 M |
| Big gain (+1.9% or better) | 60 | 0.0%#313 H | -0.2%#374 H | -0.8%#486 H | -1.3%#461 M |
| Earnings beat | 18 | +0.3%#207 M | 0.0%#318 M | +0.9%#286 M | -1.1%#438 M |
| Earnings miss | 1 | +7.4%– | +4.8%– | +8.5%– | +6.3%– |
| 52-week high | 2 | +0.2%– | +1.4%– | -0.6%– | -4.7%– |
| 52-week low | 9 | +0.4%#51 M | +2.8%#4 M | +3.6%#55 M | +3.0%#165 L |
| Crossed above 200-day avg Sep 28 | 13 | -0.7%#476 M | +0.5%#223 M | -2.0%#475 M | -10.2%#485 M |
| Crossed below 200-day avg | 14 | 0.0%#270 M | -0.7%#476 M | -2.4%#488 M | -7.0%#478 M |
| RSI oversold | 16 | +0.3%#187 M | +1.3%#66 M | -0.3%#433 M | +2.1%#485 M |
| RSI overbought | 11 | -0.5%#499 M | +0.5%#131 M | -1.4%#478 M | -6.7%#395 L |
| Mention spike (Trendy) | — | — | — | — | — |
| Analyst upgrade | — | — | — | — | — |
| Analyst downgrade | — | — | — | — | — |
| Insider buy | — | — | — | — | — |
| Insider unplanned sale | — | — | — | — | — |
Median gain from the close of the session the event was known, over each holding period; #rank among the S&P 500 stocks after the same kind of event (#1 = best). "Big" is ZBH's own: its worst / best 10% of days over the prior 2 years. Highlighted: happening in the latest session.
RSI overbought
The 14-day RSI rises above 70.
| Holding | Events | Median (likely range) | Confidence | Rank | Up | vs SPY | Range of outcomes (worst · 25–75% · median · best) | vs S&P 500 stocks (their medians) |
|---|---|---|---|---|---|---|---|---|
| 1 day | 11 | -0.48% (-0.7 to -0.1) | Medium | #499 of 501 | 27% | -0.39% |
-1%
+1%
|
|
| 1 week | 11 | +0.49% (-0.6 to +1.2) | Medium | #131 of 501 | 55% | +0.82% |
-4%
+4%
|
|
| 1 month | 11 ≈10 indep. | -1.37% (-3.7 to -0.3) | Medium | #478 of 501 | 27% | -3.34% |
-10%
+2%
|
|
| 1 quarter | 11 ≈7 indep. | -6.73% (-14.2 to -2.2) | Low | #395 of 501 | 36% | -5.36% |
-18%
+6%
|
Range of outcomes: all of ZBH's overbought readings in the past 5 years, from the worst to the best result over each holding period; the box holds the middle half, the tick is the median. A wide box means the median alone says little. Hover the median for the average.
RSI overbought by trend
| When it happened | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Long trendAbove its 200-day avg | 7 | -0.4%L vs -0.1% | +1.0%L vs -0.2% | -2.5%L vs -2.3% | -13.2%L vs -8.6% |
| Below its 200-day avg now | 3 | -0.7%L vs +0.1% | +0.5%L vs +0.4% | +2.3%L vs +1.4% | +6.0%– vs +1.2% |
| Medium trendAbove its 50-day avg | 11 | -0.5%M vs -0.1% | +0.5%M vs -0.2% | -1.4%M vs -1.2% | -6.7%L vs -3.6% |
| Below its 50-day avg now | — | — | — | — | — |
| Short trendAbove its 20-day avg | 11 | -0.5%M vs 0.0% | +0.5%M vs +0.1% | -1.4%M vs -1.2% | -6.7%L vs -2.0% |
| Below its 20-day avg now | — | — | — | — | — |
The same event split by where ZBH stood against its 200-, 50- and 20-day averages when it happened (a dip in an uptrend vs a falling knife); "vs" is the plain any-day median in that trend; "now" marks where it stands today. Splitting halves the evidence, so watch the confidence letters: H / M / L.
Latest overbought readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Feb 11, 2026 | Feb 11 @ $94.85 | RSI 70.0, +4.6% on the day | -0.5% | +3.8% | -2.5% | -13.2% |
| Aug 20, 2025 | Aug 20 @ $104.33 | RSI 71.8, +1.3% on the day | -1.2% | +1.0% | -5.3% | -15.5% |
| Mar 27, 2024 | Mar 27 @ $129.40 | RSI 71.2, +3.9% on the day | -0.5% | -3.8% | -10.0% | -18.1% |
| Feb 1, 2024 | Feb 1 @ $123.94 | RSI 70.7, +1.3% on the day | -0.7% | -3.3% | -1.4% | -6.7% |
| Jan 10, 2024 | Jan 10 @ $120.02 | RSI 72.7, +1.1% on the day | -0.7% | +0.5% | -0.3% | +3.7% |
| Dec 19, 2023 | Dec 19 @ $116.61 | RSI 72.1, +1.0% on the day | 0.0% | +1.2% | +2.4% | +6.1% |
| Dec 1, 2023 | Dec 1 @ $114.67 | RSI 72.1, +1.4% on the day | -0.9% | -0.6% | +2.3% | +6.0% |
| Jun 14, 2023 | Jun 14 @ $137.51 | RSI 72.0, +3.8% on the day | +0.4% | +1.8% | -0.8% | -14.2% |
| Apr 17, 2023 | Apr 17 @ $129.23 | RSI 70.1, +0.8% on the day | +0.6% | +3.5% | +1.0% | +5.7% |
| Dec 13, 2022 | Dec 13 @ $123.89 | RSI 71.1, +1.8% on the day | -0.1% | -2.3% | -3.8% | -2.2% |
| Mar 29, 2022 | Mar 29 @ $124.44 | RSI 70.0, +3.1% on the day | -0.7% | -0.3% | -3.8% | -17.6% |
Aftermath: entry is the close of the first session the event was fully known (the same session for price moves, the reaction session for earnings, the next session for Reddit, analyst and insider events, which are dated by day). Repeats within a few sessions count as one event. Past performance after an event says nothing certain about the next one. Not advice.