NYSE:BFLY - New York Stock Exchange, Inc. - US1241551027 - Common Stock - Currency: USD
Taking everything into account, BFLY scores 5 out of 10 in our technical rating. Although BFLY has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
BFLY has an average technical rating and the quality of the presented setup is also not ideal 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.
2.11
When analyzing the support we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for BFLY is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFLY is up. |
ChartMill Relative Strength | 95.81 | POSITIVE | BFLY has a high relative strength, it outperformed 95.81% 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) | 52.91 | NEUTRAL | The RSI value for BFLY is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BFLY has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 79.47 | NEUTRAL | The Stochastics value for BFLY is a neutral value. |
Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for BFLY suggests high volalility. |
Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for BFLY suggests a weak or negative trend. |
2.43
-0.2 (-7.6%)