Overall RELY gets a technical rating of 0 out of 10. RELY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RELY has a poor technical rating and the quality of the setup is also 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.
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11.96
4 important support areas can be observed.
- A support zone ranging from 13.67 to 13.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.21 from a trend line in the daily time frame.
- Support @12.40 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.08 to 12.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 14.09 to 14.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.66 from a horizontal line in the weekly time frame.
- Resistance @15.24 from a horizontal line in the daily time frame.
- Resistance @15.85 from a trend line in the daily time frame.
- Resistance @20.64 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RELY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RELY is down. |
| ChartMill Relative Strength | 12.37 | NEGATIVE | RELY has a low relative strength, it was outperformed by 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RELY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RELY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RELY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.34 | NEUTRAL | The RSI value for RELY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RELY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.32 | NEUTRAL | The Stochastics value for RELY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for RELY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for RELY suggests a weak or negative trend. |
13.74
+0.11 (+0.81%)
REMITLY GLOBAL INC / RELY FAQ
What is the ChartMill technical rating of REMITLY GLOBAL INC (RELY) stock?
ChartMill assigns a technical rating of 0 / 10 to RELY.
What is the current trend direction of REMITLY GLOBAL INC (RELY) stock?
The current trend direction for REMITLY GLOBAL INC (RELY) is Bearish.
What is the RSI signal for RELY stock?
REMITLY GLOBAL INC (RELY) has an RSI value of 47.3417. This indicates that the stock is currently neutral.
What is the MACD signal for RELY stock?
The MACD indicator for REMITLY GLOBAL INC (RELY) has a value of -0.0602953, indicating a bearish trend.
What is the support and resistance level for RELY stock?
REMITLY GLOBAL INC (RELY) has a support level at 13.69 and a resistance level at 14.09. Check the full technical report for our detailed analysis of RELY support and resistance levels.