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Stock Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

Butterfly Network, Inc. Class A (NYSE:BFLY)

Long-Term Downtrend (-90) - BFLY is in a strong downtrend that is likely to continue. While BFLY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BFLY?

MarketClub looks at technical strength and momentum to determine if the timing is right for BFLY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BFLY
Open High Low BFLY Price Change
1.210 1.250 1.160 1.205 -0.015
Entry Signal

MarketClub’s Trade Triangles for BFLY

long term down The long-term trend has been DOWN since Nov 3rd, 2022 at 4.11

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 2.19

short term down The short-term trend has been DOWN since Sep 7th, 2023 at 1.80

Smart Scan Analysis for BFLY

Based on our trend formula, BFLY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BFLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.210 1.250 1.160 1.205 -0.015
Prev. Close Volume Bid Ask Time
1.200 2037979 2023-09-22 15:59:56
52wk High5.29552wk High Date2022-10-04
52wk Low1.1352wk Low Date2023-09-21
Average Volume2,639,527Shares Outstanding206,634
Assets364,588,000MLiabilities86,883,000M
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