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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.

NYSE_BFLY
Open High Low BFLY Price Change
6.710 6.760 6.000 6.365 -0.395
Entry Signal

MarketClub’s Trade Triangles for BFLY

long term up The long-term trend has been UP since Aug 2nd, 2022 at 4.59

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2022 at 3.64

short term down 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).

+85
Smart Scan Analysis for BFLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.710 6.760 6.000 6.365 -0.395
Prev. Close Volume Bid Ask Time
6.760 3709238 2022-08-18 15:59:57
52wk High13.5652wk High Date2021-09-07
52wk Low2.3152wk Low Date2022-05-12
Average Volume3,372,240Shares Outstanding199,543
Assets496,637,000MLiabilities109,948,000M
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