Why Is Remitly Global, Inc. (RELY) Stock Up Today?
Live update on RELY's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
RELY is Down -5.47% today
You might want to check out Why is RELY Down Today?
Remitly Global, Inc. (RELY)
Summary
Remitly Global, Inc. (RELY) is trading down -5.47% at $18.65, reflecting a negative shift in investor sentiment today. The stock opened at $19.71 and has moved between $18.59 and $19.83 so far.
Trading volume is 2753466, which is 35% below its average, and the price action suggests selling interest.
Technically, RELY is trading below its 50-day moving average of $20.00 and above its 200-day moving average of $16.50, indicating short-term weakness but long-term strength.
Analyst sentiment is bullish. Meyka's AI assigns RELY a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -7.56% in 1 month ($17.24), -1.49% in 1 year ($18.37), and +10.64% in 5 years ($20.63).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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RELY Technical Signals
Trading below 50-day moving average ($20.00)
Trading over 200-day moving average ($16.50)
Analyst Recommendations
Price Forecast
1 Month
$17.24
1 Year
$18.37
3 Years
$19.49
5 Years
$20.63
Is this change significant?
5-Day:-0.95%
1-Month:-16.69%
3-Month:+14.05%
What's next?
Next earnings date: 7/30/2025