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Remitly Global, Inc.

RELY Technical Analysis Summary (NASDAQ)

Analyze RELY on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RELY●NASDAQ
TechnologySoftware - Infrastructure
$24.07
$0.56(2.27%)
U.S. Market opens in 16h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RELY Technical Analysis Summary (NASDAQ)

Remitly Global, Inc. (NASDAQ: RELY) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 56.54)
Trend Strength:Weak (ADX: 19.88)
Volatility:Medium (ATR: 0.94)
Support/Resistance:$22.25 – $25.08 (Bollinger Bands)

Technical conditions suggest Remitly Global, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Remitly Global, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.70

Neutral
Mid-range signal with no clear trend.

Williams %R: -36.64

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -4.58

Bearish
Selling pressure outweighs buying.

Takeaway:Remitly Global, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.37

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.88

Weak
Weak trend, market trading sideways.

ATR (14): 0.94

Low
Low volatility, stable price action.

CCI (14): 112.51

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Remitly Global, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.08
Middle Band (SMA 20)
$23.66
Lower Band
$22.25
Current Position
Within Bands

Takeaway:Remitly Global, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$25.30
Middle Line (EMA 20)
$23.42
Lower Channel
$21.53
Squeeze Status
Squeeze On

Takeaway:Remitly Global, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-25.65M
Money Flow Index38.15Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.97Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RELY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Remitly Global, Inc. (NASDAQ: RELY), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Remitly Global, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: RELY) Technical Analysis FAQ