BUTTERFLY NETWORK INC (BFLY)

US1241551027 - Common Stock

3.29  -0.03 (-0.9%)

Premarket: 3.35 +0.06 (+1.82%)

Technical Rating and Analysis

9

We assign a technical rating of 9 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.

The long and short term trends are both positive. This is looking good!
BFLY is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. BFLY outperforms 98% of them.
A new 52 week high is currently being made by BFLY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BFLY has a been trading in the 1.70 - 3.55 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BFLY has an average volume of 2612910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BFLY did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BFLY Weekly chart
BFLY Daily chart
Setup Rating and Analysis

3

Although BFLY has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

2.01

3.32

When analyzing the support we can see 2 important areas.

  • Support @2.51 from a trend line in the daily time frame.
  • A support zone ranging from 2.03 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.15
Mansfield13.85
10 Day High3.55
10 Day Low2.29
20 Day High3.55
20 Day Low1.7
52 Week High3.55
52 Week Low0.67
Performance
1 Week28.52%
2 Weeks34.29%
1 Month86.93%
3 Month242.92%
6 Month225.74%
12 Month229%
2 Year1.86%
3 Year-53.33%
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)0.08
RSI(14)74.4
LBB2
UBB3.34
BFLY Daily chart

BUTTERFLY NETWORK INC

NYSE:BFLY (11/21/2024, 8:14:43 PM)

Premarket: 3.35 +0.06 (+1.82%)

3.29

-0.03 (-0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.9%
1 Week28.52%
2 Weeks34.29%
1 Month86.93%
3 Month242.92%
6 Month225.74%
12 Month229%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%8.65%
ATR Inc
Range Today0.37
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 High3.55
10 Day Low2.29
20 Day High3.55
20 Day Low1.7
52 Week High3.55
52 Week Low0.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.09M
Volume Incr42.68%
Vol(5)4.36M
Vol(50)2.61M