BUTTERFLY NETWORK INC (BFLY) Stock Technical Analysis
NYSE:BFLY • US1241551027
Overall BFLY gets a technical rating of 4 out of 10. BFLY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- BFLY is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 78% of 184 stocks in the same industry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BFLY has an average volume of 6450800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, BFLY did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- BFLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFLY is lagging the market.
- In the last month BFLY has a been trading in the 2.82 - 4.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BFLY has an average technical rating and it also does not offer a high quality setup 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
2.59
We found 3 important support areas.
- A support zone ranging from 3.78 to 3.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.00 from a trend line in the daily time frame.
- Support @2.62 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.48 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BFLY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFLY is neutral. |
| ChartMill Relative Strength | 71.37 | POSITIVE | BFLY has a high relative strength, it outperformed 71.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BFLY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BFLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for BFLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BFLY has a positive trend. |
| Stochastics (14,3) | 55.89 | NEUTRAL | The Stochastics value for BFLY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.05 | HIGH VOLATILITY | The high ATR as a percentage value for BFLY suggests high volalility. |
| Average Directional Index/ADX (14) | 32.73 | POSITIVE | The high ADX value value for BFLY suggests a strong trend. |
NYSE:BFLY (3/2/2026, 4:01:43 PM)
3.85
+0.06 (+1.58%)
BUTTERFLY NETWORK INC / BFLY FAQ
Can you provide the ChartMill technical rating for BUTTERFLY NETWORK INC?
ChartMill assigns a technical rating of 4 / 10 to BFLY.
What is the current trend direction of BUTTERFLY NETWORK INC (BFLY) stock?
The current trend direction for BUTTERFLY NETWORK INC (BFLY) is Bearish.
What is the RSI signal for BUTTERFLY NETWORK INC (BFLY) stock?
BUTTERFLY NETWORK INC (BFLY) has an RSI value of 53.7117. This indicates that the stock is currently neutral.
What is the MACD signal for BFLY stock?
The MACD indicator for BUTTERFLY NETWORK INC (BFLY) has a value of 0.100151, indicating a bearish trend.
What is the short term momentum for BUTTERFLY NETWORK INC (BFLY) stock?
The short term momentum for BUTTERFLY NETWORK INC (BFLY) is neutral.