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Butterfly Network, Inc.

Butterfly Network, Inc. (BFLY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Butterfly Network, Inc..

BFLY●NYSE
HealthcareMedical - Devices
$6.62
$0.39(5.56%)
U.S. Market opens in 6h 19m

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

Butterfly Network, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.58)
Trend Strength:Very Strong (ADX: 41.94)
Volatility:High (ATR: 0.71)
Support/Resistance:$6.68 – $9.06 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.58

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.99

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.10

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -25.14

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.32

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.94

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.71

Low
Low volatility, stable price action.

CCI (14): -182.87

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Butterfly Network, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.06
Middle Band (SMA 20)
$7.87
Lower Band
$6.68
Current Position
Below Lower Band

Takeaway:Butterfly Network, Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$8.75
Middle Line (EMA 20)
$7.32
Lower Channel
$5.90
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume46.71M
Money Flow Index40.96Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.99Bearish, price momentum favors sellers.

Overall Takeaway:BFLY shows mixed signals in money flow analysis.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Butterfly Network, Inc. are mixed, suggesting a Hold or wait-and-see approach.

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