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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
$6.88
$0.38(5.76%)
U.S. Market is Open · 13:09

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 neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.59)
Trend Strength:Weak (ADX: 15.02)
Volatility:High (ATR: 0.59)
Support/Resistance:$5.88 – $7.96 (Bollinger Bands)

Technical conditions suggest Butterfly Network, Inc. on the NYSE is awaiting a decisive move. Overall, Butterfly Network, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 44.12

Neutral
Mid-range signal with no clear trend.

Williams %R: -38.16

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.85

Bullish
Steady upward momentum.

Takeaway:Butterfly Network, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.38

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.02

Weak
Weak trend, market trading sideways.

ATR (14): 0.59

Low
Low volatility, stable price action.

CCI (14): 60.64

Bullish
Bullish, momentum building upward.

Takeaway:Butterfly Network, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.96
Middle Band (SMA 20)
$6.92
Lower Band
$5.88
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$8.17
Middle Line (EMA 20)
$7.00
Lower Channel
$5.82
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 Volume-38.58M
Money Flow Index48.22Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.02Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BFLY shows neutral money flow, with no clear directional pressure.

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

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

Bearish Signals

No significant bearish signals detected.

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

(NYSE: BFLY) Technical Analysis FAQ