BFLY Stock Price Prediction

Butterfly Network Inc

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2.490

+0.110(+4.620%)

Overview
Forecast
Valuation

Should I Buy Butterfly Network Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. BFLY has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

BFLY stock price ended at $2.49 on Wednesday, after rising 4.62%

The Butterfly Network Inc stock price increased by 4.62% on the last trading day (Wednesday Apr 2025), rising from 2.33 to 2.38. Throughout the last trading session, the stock experienced a fluctuation of 5.24% , ranging from a day low of $2.29 to a day high of 2.41. The price has declined in 4 of the last 10 days, resulting in a total change of 14.98% during this period. On the last day, trading volume decrease by 103.03K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 1.80M shares were traded, amounting to approximately 4.26M.

BFLY Technical Signals

BFLY(Butterfly Network Inc Corp) has 5 buy signals and 2 sell signals now. The current trend is downtrend starting from 2025-04-14. The total price change during this trend is -5.56%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of BFLY over the last 5 trading days is 6.25M. Overall, the technical indicator signals lean more toward a Bullish outlook in the mid-term.

BFLY Moving Average Analysis

Butterfly Network Inc's overall moving average trend leans more bullish as of Wednesday, April 23, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $2.71, and $2.94. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $1.95, and $1.72. A break-down below any of these levels will issue sell signals.

BFLY Short Selling Analysis

The short sale ratio of Butterfly Network Inc(BFLY) as of 21 Apr 2025 is 18.75%, dropping from last trading day. With decreasing price from 2.34 to 2.29. The short sell activity indicate that short sellers may be anticipating price hit a bottom.

Technical Signal

Technical Signals Summary

Buy

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

5 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 > 0

0.31

Bullish

Moving Average

Price crosses above 5-day SMA

Bullish

Moving Average

Price crosses above 10-day SMA

Bullish

Moving Average

Price crosses above 20-day SMA

Bullish

Moving Average

10-day SMA crosses above 20-day SMA

Bullish

2 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-0.12

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.14

Bearish

BFLY Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Butterfly Network Inc(BFLY), our algorithm predicts BFLY's 1-month price at $2.42, with an 3.44%upwardshift. Using a similarity score up to 94.56%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Butterfly Network Inc (BFLY.N) stock, as of Sunday, April 20, 2025 , forecasts a 3.44% change over the next month, based on its high correlation with ZWS.N stock patterns. The similarity between their price movements over the analyzed periods is 94.56%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

BFLY

Future prediction

Up: 3.44%

ZWS

Up: 3.44%Similarity: 94.56%

Name

Similarity

Up/Down

ZWS.N

94.56%

+3.44%

ICL.N

94.39%

-0.96%

SPRO.O

94.24%

-17.78%

NURO.O

94.00%

-16.67%

BFLY Seasonality Analysis

Based on BFLY's historical stock price data across all years, the probability of a positive return in April is40.00%, suggesting it maynotbe an ideal month to invest in BFLY. In contrast,Julyoffers the highest probability of positive returns at75.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Butterfly Network Inc (BFLY.N) stock in July has the highest probability of a positive return (75.00%), while March has the lowest probability (0.00%).

Performance Seasonality

The chart shows Butterfly Network Inc. (BFLY)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.