BUTTERFLY NETWORK INC (BFLY)
US1241551027 - Common Stock
We assign a technical rating of 9 out of 10 to BFLY. In the last year, BFLY was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BFLY did better than 98% of all other stocks. On top of that, BFLY also shows a nice and consistent pattern of rising prices.
BFLY is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 98% of 191 stocks in the same industry.
BFLY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BFLY is performing more or less in line with the market.
BFLY has an average volume of 3855990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BFLY has a been trading in the 2.75 - 4.45 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 excellent technical rating, but the quality of the setup is only medium 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
2.60
3.63
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.06 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @2.96 from a horizontal line in the daily time frame.
- Support @2.63 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.15
Mansfield10.12
10 Day High4.45
10 Day Low3.12
20 Day High4.45
20 Day Low2.75
52 Week High4.45
52 Week Low0.67
Performance
1 Week-20.33%
2 Weeks-2.6%
1 Month-4.8%
3 Month91.48%
6 Month214.95%
12 Month217.93%
2 Year22.55%
3 Year-41.9%
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)-0.04
RSI(14)48.59
LBB2.77
UBB4.36
BUTTERFLY NETWORK INC
NYSE:BFLY (1/15/2025, 11:54:10 AM)
3.595
+0.23 (+6.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg6.68%
1 Week-20.33%
2 Weeks-2.6%
1 Month-4.8%
3 Month91.48%
6 Month214.95%
12 Month217.93%
2 Year22.55%
3 Year-41.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%11.91%
ATR Inc-7.82%
Range Today0.22
ADR(20)0.39
ADR(20)%10.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.15
Mansfield10.12
10 Day High4.45
10 Day Low3.12
20 Day High4.45
20 Day Low2.75
52 Week High4.45
52 Week Low0.67
CS1 End3.08
CR1 StartN/A
Volume & EV
DER(3)-0.02%
DER(5)-1.58%
Volume1.52M
Volume Incr-4.71%
Vol(5)3.84M
Vol(50)3.86M