BUTTERFLY NETWORK INC (BFLY)
US1241551027 - Common Stock
Overall BFLY gets a technical rating of 1 out of 10. BFLY'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BFLY is a bad performer in the overall market: 89% of all stocks are doing better.
BFLY is part of the Health Care Equipment & Supplies industry. There are 192 other stocks in this industry, of which 63% are performing better than BFLY.
BFLY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BFLY is lagging the market.
In the last month BFLY has a been trading in the 0.67 - 1.04 range, which is quite wide. It is currently trading near the high of this range.
BFLY has an average volume of 1873200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BFLY is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.96
1.47
When analyzing the support we notice one important area.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.16 from a trend line in the daily time frame.
- Resistance @1.35 from a trend line in the daily time frame.
- Resistance @1.46 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.21
Mansfield-4.12
10 Day High0.97
10 Day Low0.67
20 Day High1.04
20 Day Low0.67
52 Week High2.71
52 Week Low0.67
Performance
1 Week30.86%
2 Weeks12.48%
1 Month-7.55%
3 Month2.46%
6 Month-17.65%
12 Month-57.1%
2 Year-69.76%
3 Year-92.15%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.55
LBB0.65
UBB0.95
BUTTERFLY NETWORK INC
NYSE:BFLY (5/3/2024, 9:52:06 AM)
1.02
+0.1 (+10.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg10.59%
1 Week30.86%
2 Weeks12.48%
1 Month-7.55%
3 Month2.46%
6 Month-17.65%
12 Month-57.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%7.73%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.97
10 Day Low0.67
20 Day High1.04
20 Day Low0.67
52 Week High2.71
52 Week Low0.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.56M
Volume Incr52.13%
Vol(5)1.98M
Vol(50)1.87M