BUTTERFLY NETWORK INC (BFLY) Technical Analysis
NYSE:BFLY • US1241551027
Current stock price
BFLY Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BFLY. Both in the recent history as in the last year, BFLY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, BFLY did better than 95% of all other stocks. We also observe that the gains produced by BFLY over the past year are nicely spread over this period.
- BFLY is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. BFLY outperforms 96% of them.
- BFLY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BFLY has a been trading in the 3.69 - 5.72 range, which is quite wide. It is currently trading near the high of this range.
- BFLY has an average volume of 5967190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BFLY Weekly and Daily overview Charts
BFLY Setup Rating and Analysis
Although BFLY has an excellent technical rating, it does not present a decent entry opportunity 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
BFLY Support and Resistance Analysis
2.98
We found 5 important support areas.
- Support @5.14 from a horizontal line in the daily time frame.
- Support @4.51 from a trend line in the daily time frame.
- A support zone ranging from 4.09 to 4.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.57 from a trend line in the weekly time frame.
- Support @3.01 from a horizontal line in the daily time frame.
BFLY 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 | UP | POSITIVE | The long term trend for BFLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFLY is up. |
| ChartMill Relative Strength | 95.01 | POSITIVE | BFLY has a high relative strength, it outperformed 95.01% 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) | 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) | 69.38 | NEUTRAL | The RSI value for BFLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BFLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.4 | NEUTRAL | The Stochastics value for BFLY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for BFLY suggests high volalility. |
| Average Directional Index/ADX (14) | 35.96 | POSITIVE | The high ADX value value for BFLY suggests a strong trend. |
BFLY Chart- and CandleStick Pattern Analysis
BFLY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BFLY (4/28/2026, 2:27:44 PM)
5.245
-0.24 (-4.29%)
BUTTERFLY NETWORK INC / BFLY TA FAQ
Can you provide the ChartMill technical rating for BUTTERFLY NETWORK INC?
ChartMill assigns a technical rating of 10 / 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 Bullish.
Can you provide the RSI signal for BUTTERFLY NETWORK INC?
BUTTERFLY NETWORK INC (BFLY) has an RSI value of 69.3791. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BUTTERFLY NETWORK INC?
The MACD indicator for BUTTERFLY NETWORK INC (BFLY) has a value of 0.0661212, indicating a bearish trend.
What is the buy/sell signal for BUTTERFLY NETWORK INC (BFLY) stock?
The buy/sell signal for BUTTERFLY NETWORK INC (BFLY) is buy as both the short term and long term trends are positive.