REMITLY GLOBAL INC (RELY)
US75960P1049 - Common Stock
We assign a technical rating of 9 out of 10 to RELY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RELY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
RELY is part of the Financial Services industry. There are 99 other stocks in this industry. RELY outperforms 89% of them.
A new 52 week high is currently being made by RELY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RELY has a been trading in the 20.60 - 23.51 range, which is quite wide. It is currently trading near the high of this range.
RELY has an average volume of 1933080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RELY is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
RELY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.18. Right above this resistance zone may be a good entry point.
More info and screens
11.64
23.41
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.40 to 22.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.13 from a trend line in the weekly time frame.
- Support @13.51 from a trend line in the daily time frame.
- Support @12.89 from a horizontal line in the daily time frame.
- Support @11.76 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.18 to 23.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.23
Mansfield2.62
10 Day High23.51
10 Day Low21.21
20 Day High23.51
20 Day Low20.6
52 Week High23.51
52 Week Low11.6
Performance
1 Week1.62%
2 Weeks7.22%
1 Month11.39%
3 Month75.4%
6 Month77.14%
12 Month28.22%
2 Year92.12%
3 Year90.39%
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)-0.03
RSI(14)68.14
LBB21.3
UBB23.53
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.19 | 22.39 | 0.80 (3.45%) | 25.00% |
| An entry @23.19. This is a Buy Stop order right above the resistance zone. | An exit @22.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.80 points, which is 3.45%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RELY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
REMITLY GLOBAL INC
NASDAQ:RELY (1/6/2025, 5:52:05 PM)
After market: 23.17 0 (0%)23.17
+0.18 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.78%
1 Week1.62%
2 Weeks7.22%
1 Month11.39%
3 Month75.4%
6 Month77.14%
12 Month28.22%
2 Year92.12%
3 Year90.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%3.16%
ATR Inc-30.37%
Range Today0.46
ADR(20)0.72
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.23
Mansfield2.62
10 Day High23.51
10 Day Low21.21
20 Day High23.51
20 Day Low20.6
52 Week High23.51
52 Week Low11.6
CS1 End22.74
CR1 Start23.18
Volume & EV
DER(3)-0.14%
DER(5)0.72%
Volume1.21M
Volume Incr-24.65%
Vol(5)1.10M
Vol(50)1.93M