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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
$22.25
$0.26(1.18%)
U.S. Market opens in 1h 46m

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 bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.82)
Trend Strength:Moderate (ADX: 26.64)
Volatility:High (ATR: 1.16)
Support/Resistance:$22.20 – $28.48 (Bollinger Bands)

Technical conditions suggest Remitly Global, Inc. on the NASDAQ is awaiting a decisive move. Overall, Remitly Global, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.70

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.35

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -16.30

Strongly Bearish
Sharp downside momentum.

Takeaway:Remitly Global, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.40

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.64

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.16

Low
Low volatility, stable price action.

CCI (14): -141.21

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Remitly Global, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$28.48
Middle Band (SMA 20)
$25.34
Lower Band
$22.20
Current Position
Within Bands

Takeaway:Remitly Global, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$26.96
Middle Line (EMA 20)
$24.63
Lower Channel
$22.30
Squeeze Status
No Squeeze

Takeaway:Remitly Global, Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume37.42M
Money Flow Index42.29Neutral, balanced money flows with no clear signal.
Relative Vigor Index59.41Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RELY shows mixed signals in money flow analysis.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

Overall Recommendation:Remitly Global, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: RELY) Technical Analysis FAQ