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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

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

Bull Market Weakness (+75) - BFLY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BFLY as it may be in the beginning stages of a reversal.

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
1.0100 1.0200 0.9802 1.0050 -0.0250
Entry Signal

MarketClub’s Trade Triangles for BFLY

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 0.8513

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 1.0400

short term up The short-term trend has been UP since May 21st, 2024 at 1.0450

Smart Scan Analysis for BFLY

Based on our trend formula, BFLY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BFLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0100 1.0200 0.9802 1.0050 -0.0250
Prev. Close Volume Bid Ask Time
1.0300 992678 2024-05-29 15:59:37
52wk High2.7152wk High Date2023-07-19
52wk Low0.674152wk Low Date2024-04-25
Average Volume1,714,713Shares Outstanding208,134
Assets284,288,000MLiabilities80,284,000M
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