Is Butterfly Network, Inc. technically bullish or bearish?

As of 2 September 2025, the technical trend for Butterfly Network, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the daily moving averages showing a mildly bearish trend, while the weekly KST is bearish. The MACD is mildly bullish on both weekly and monthly time frames, but this is overshadowed by the bearish signals from the daily moving averages and the monthly Bollinger Bands. Additionally, the company has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -39.42% versus the S&P 500's 12.22%.