Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Butterfly Network, Inc. Class A (NYSE:BFLY)
Countertrend Up (+85) - BFLY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for BFLY
The long-term trend has been UP since Aug 2nd, 2022 at 4.59
The intermediate-term trend has been UP since Jul 7th, 2022 at 3.64
The short-term trend has been DOWN since Aug 17th, 2022 at 7.45
Smart Scan Analysis for BFLY
Based on our trend formula, BFLY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.56||52wk High Date||2021-09-07|
|52wk Low||2.31||52wk Low Date||2022-05-12|
|Average Volume||3,372,240||Shares Outstanding||199,543|