BUTTERFLY NETWORK INC -CW25 (BFL.W) Technical Analysis
NYSE:BFL.W
Current stock price
BFL.W Technical Rating and Analysis
Overall BFL.W gets a technical rating of 0 out of 10. BFL.W's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BFL.W is a bad performer in the overall market: 100% of all stocks are doing better.
- BFL.W is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BFL.W has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BFL.W Weekly and Daily overview Charts
BFL.W Setup Rating and Analysis
BFL.W has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BFL.W Support and Resistance Analysis
BFL.W Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BFL.W is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFL.W is down. |
| ChartMill Relative Strength | 0.2 | NEGATIVE | BFL.W has a low relative strength, it was outperformed by 99.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFL.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFL.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFL.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.8 | NEUTRAL | The RSI value for BFL.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BFL.W has a negative trend. |
| Stochastics (14,3) | 7.81 | OVERSOLD | The low Stochastics value suggests BFL.W may be oversold. |
| Average True Range in percent/ATR (20) | 137.07 | HIGH VOLATILITY | The high ATR as a percentage value for BFL.W suggests high volalility. |
| Average Directional Index/ADX (14) | 21.99 | NEUTRAL | The ADX value for BFL.W suggests a possible start of a new trend. |
BFL.W Chart- and CandleStick Pattern Analysis
BFL.W Technicals: Chart, Performance Metrics, Trend & Indicators
0.0053
-0.01 (-49.52%)
BUTTERFLY NETWORK INC -CW25 / BFL.W TA FAQ
What is the ChartMill technical rating of BUTTERFLY NETWORK INC -CW25 (BFL.W) stock?
ChartMill assigns a technical rating of 0 / 10 to BFL.W.
What is the current trend direction of BUTTERFLY NETWORK INC -CW25 (BFL.W) stock?
The current trend direction for BUTTERFLY NETWORK INC -CW25 (BFL.W) is Bearish.
Can you provide the RSI signal for BUTTERFLY NETWORK INC -CW25?
BUTTERFLY NETWORK INC -CW25 (BFL.W) has an RSI value of 33.7972. This indicates that the stock is currently neutral.
What is the buy/sell signal for BFL.W stock?
The buy/sell signal for BUTTERFLY NETWORK INC -CW25 (BFL.W) is sell as both the short term and long term trends are negative.