Is Butterfly Network, Inc. technically bullish or bearish?

Jun 25 2025 09:10 AM IST
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As of May 8, 2025, Butterfly Network, Inc. shows a mildly bearish trend, primarily indicated by weekly MACD and Bollinger Bands, despite some mildly bullish monthly indicators.
As of 8 May 2025, the technical trend for Butterfly Network, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish signals, alongside daily moving averages also showing bearishness. The Dow Theory reflects a mildly bearish outlook on the weekly timeframe. Although the monthly indicators like MACD and Bollinger Bands are mildly bullish, the overall sentiment remains bearish due to the stronger weekly signals.
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