Is Butterfly Network, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Butterfly Network, Inc. has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish. However, the daily moving averages indicate a mildly bearish trend. The Bollinger Bands show bullish signals on both weekly and monthly time frames, but the KST and OBV present a mixed picture with weekly readings being mildly bearish and monthly readings mildly bullish.
In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 20.63% and 41.58% respectively, but it has significantly underperformed on a year-to-date basis with a return of -13.78% compared to the S&P 500's 16.30%. Overall, the technical indicators suggest a cautious approach as the stock remains in a sideways trend.