NYSE:BFLY - New York Stock Exchange, Inc. - US1241551027 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BFLY. Although BFLY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BFLY is bad and it also does not present a 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.
2.14
We found 1 important support area.
We found 1 important resistance area.
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 BFLY is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFLY is neutral. |
ChartMill Relative Strength | 96.34 | POSITIVE | BFLY has a high relative strength, it outperformed 96.34% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFLY is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BFLY is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of BFLY is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 59.33 | NEUTRAL | The RSI value for BFLY is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BFLY has a positive trend. |
Stochastics (14,3) | 41.89 | NEUTRAL | The Stochastics value for BFLY is a neutral value. |
Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for BFLY suggests high volalility. |
Average Directional Index/ADX (14) | 12.84 | NEGATIVE | The low ADX value for BFLY suggests a weak or negative trend. |
2.53
+0.36 (+16.59%)