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REMITLY GLOBAL INC (RELY) Stock Technical Analysis

NASDAQ:RELY - Nasdaq - US75960P1049 - Common Stock - Currency: USD

22.57  -0.23 (-1.01%)

Technical Rating and Analysis

10

Overall RELY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RELY has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RELY is one of the better performing stocks in the market, outperforming 92% of all stocks.
RELY is part of the Financial Services industry. There are 101 other stocks in this industry. RELY outperforms 95% of them.
RELY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RELY is performing more or less in line with the market.
RELY has an average volume of 2583250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RELY has a been trading in the 19.41 - 24.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
REMITLY GLOBAL INC / RELY Weekly stock chart
REMITLY GLOBAL INC / RELY Daily stock chart
Setup Rating and Analysis

6

RELY has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

19.73

26.91

We found 2 important support areas.

  • Support @22.54 from a horizontal line in the daily time frame.
  • A support zone ranging from 19.93 to 20.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 23.85 to 24.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.64 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.59
Mansfield2.05
10 Day High24.71
10 Day Low20.78
20 Day High24.71
20 Day Low19.41
52 Week High27.32
52 Week Low11.6
Performance
1 Week-5.86%
2 Weeks7.55%
1 Month17.83%
3 Month-4.44%
6 Month8.37%
12 Month66.42%
2 Year24.32%
3 Year108.22%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)58.08
LBB19.82
UBB25.22
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
23.2022.530.67 (2.88%)25.00%
An entry @23.20. This is a Buy Stop order right above the 10 day moving average.An exit @22.53. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.67 points, which is 2.88%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%.

  • The distance between exit and entry is rather small compared to the average daily movement of RELY. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
REMITLY GLOBAL INC / RELY Daily stock chart

REMITLY GLOBAL INC

NASDAQ:RELY (5/21/2025, 1:11:00 PM)

22.57

-0.23 (-1.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.01%
1 Week-5.86%
2 Weeks7.55%
1 Month17.83%
3 Month-4.44%
6 Month8.37%
12 Month66.42%
2 Year24.32%
3 Year108.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%3.81%
ATR Inc-45.08%
Range Today0.52
ADR(20)0.74
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.59
Mansfield2.05
10 Day High24.71
10 Day Low20.78
20 Day High24.71
20 Day Low19.41
52 Week High27.32
52 Week Low11.6
CS1 End22.54
CR1 Start23.85
Volume & EV
DER(3)3.73%
DER(5)2.22%
Volume502.77K
Volume Incr27.28%
Vol(5)3.42M
Vol(50)2.58M