Why is BFLY Down Today?

BFLY
$6.43
▼ -3.67% ($-0.24)
Last updated: Nov 10, 2026 8:30 PM ET (523 min ago)

About Butterfly Network, Inc.

Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional'...

Sector: X-RAY APPARATUS & TUBES & RELATED IRRADIATION APPARATUS
Market Cap: $478.31M
Forward P/E: -12.6
52-Week Range: $1.90 - $10.21
Employees: 190

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 BFLY showing strong bearish momentum
BFLY is down 3.7% today on 0.5x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.5x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

Market Comparison

BFLY is significantly underperforming the market (-3.3% vs SPY)
S&P 500
SPY
-0.37%
Nasdaq 100
QQQ
-0.68%
BFLY
This Stock
-3.67%
vs S&P 500: -3.3%
vs Nasdaq: -2.99%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, BFLY is expected to trade between:
$6.23 - $6.55

Key Level to Watch

$6.10 support
Watch for breakdown below $6.42

🔔 Get BFLY Alerts

We'll notify you when BFLY's trend changes or a new signal fires.

Last updated: Nov 10, 2026 8:30 PM (523 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.09
Put/Call Ratio
114.3%
Implied Volatility
Call Volume: 21,045
Put Volume: 1,939
Total: 22,984
Unusual Activity: $10 CALL (1,197 vol) $10 CALL (1,046 vol)

Historical Context

BFLY has moved more than 3.0% down on 69 occasions in the past year.

47.8%
Continuation Rate
33/69 times continued down
+0.3%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-10.3%) → Next day: +4.9%

Frequently Asked Questions

Why is BFLY stock down today?

BFLY is down 3.7% today on 0.5x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is BFLY stock a buy or sell right now?

Based on current analysis, BFLY shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the BFLY stock price target?

BFLY is currently trading at $6.43. Based on today's momentum, the expected short-term range is $6.23 - $6.55. See long-term price prediction →

Will BFLY stock continue falling?

Our analysis shows a 45% probability that BFLY's move continues in the next 1-3 days. Key level to watch: $6.10 (support).

Is BFLY stock oversold or overbought?

BFLY's RSI (Relative Strength Index) is currently at 43.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for BFLY stock?

BFLY's 10-day momentum indicator is at -0.87. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is BFLY outperforming or underperforming the market?

BFLY (-3.67%) is currently significantly underperforming the market (-3.3% vs SPY). Today, the S&P 500 (SPY) is down -0.37%, and Nasdaq (QQQ) is down -0.68%.

What does MACD indicate for BFLY?

BFLY's MACD (-0.45) is currently below the signal line (-0.44), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 14.8) is weak.

Is BFLY in an uptrend or downtrend?

Based on moving average analysis, BFLY is in a bearish trend. The price ($6.43) is trading below both the 20-day SMA ($6.94) and 50-day SMA ($7.74). This alignment typically indicates sustained downward pressure.

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