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Butterfly Network, Inc.

BFLY Technical Analysis Summary (NYSE)

Analyze BFLY on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BFLY●NYSE
HealthcareMedical - Devices
$7.36
$0.07(0.96%)
U.S. Market opens in 57h 42m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BFLY Technical Analysis Summary (NYSE)

Butterfly Network, Inc. (NYSE: BFLY) stock currently shows a bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.49)
Trend Strength:Moderate (ADX: 29.47)
Volatility:High (ATR: 0.62)
Support/Resistance:$7.33 – $10.10 (Bollinger Bands)

Technical conditions suggest Butterfly Network, Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Butterfly Network, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.53

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.72

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -18.40

Strongly Bearish
Sharp downside momentum.

Takeaway:Butterfly Network, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.47

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.62

Low
Low volatility, stable price action.

CCI (14): -137.73

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Butterfly Network, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.10
Middle Band (SMA 20)
$8.71
Lower Band
$7.33
Current Position
Within Bands

Takeaway:Butterfly Network, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$9.52
Middle Line (EMA 20)
$8.27
Lower Channel
$7.02
Squeeze Status
No Squeeze

Takeaway:Butterfly Network, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume86.52M
Money Flow Index46.94Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.89Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BFLY shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Butterfly Network, Inc. (NYSE: BFLY), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Butterfly Network, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: BFLY) Technical Analysis FAQ