REMITLY GLOBAL INC (RELY) Stock Technical Analysis
NASDAQ:RELY - Nasdaq - US75960P1049 - Common Stock - Currency: USD
Taking everything into account, RELY scores 1 out of 10 in our technical rating. RELY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month RELY has a been trading in the 17.42 - 21.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RELY has an average volume of 2503710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, RELY outperforms 53% of them, which is more or less in line with the market.
RELY is part of the Financial Services industry. There are 101 other stocks in this industry, RELY did better than 54% of them.
RELY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, RELY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.44, a Stop Loss order could be placed below this zone.
More info and screens
15.04
26.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.14 to 19.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.65 to 18.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.19 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.88 to 20.93. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 21.38 to 21.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @26.64 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.7
Mansfield1.82
10 Day High20.8
10 Day Low18.28
20 Day High21.57
20 Day Low17.42
52 Week High27.32
52 Week Low11.6
Performance
1 Week-2.77%
2 Weeks5.25%
1 Month-6.61%
3 Month-14.73%
6 Month32.9%
12 Month8.69%
2 Year16.85%
3 Year76.85%
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)0.04
RSI(14)43.86
LBB18.43
UBB20.93
19.63
+0.28 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.45%
1 Week-2.77%
2 Weeks5.25%
1 Month-6.61%
3 Month-14.73%
6 Month32.9%
12 Month8.69%
2 Year16.85%
3 Year76.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%5.1%
ATR Inc-49.07%
Range Today0.56
ADR(20)0.91
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.7
Mansfield1.82
10 Day High20.8
10 Day Low18.28
20 Day High21.57
20 Day Low17.42
52 Week High27.32
52 Week Low11.6
CS1 End19.44
CR1 Start20.88
Volume & EV
DER(3)-0.91%
DER(5)0.54%
Volume2.01M
Volume Incr7.95%
Vol(5)1.99M
Vol(50)2.50M