Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Remitly Global, Inc. (NASDAQ:RELY)
Long-Term Uptrend (+90) - RELY is in a strong uptrend that is likely to continue. While RELY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RELY?
MarketClub looks at technical strength and momentum to determine if the timing is right for RELY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RELY
The long-term trend has been UP since Jan 12th, 2023 at 11.88
The intermediate-term trend has been UP since Feb 23rd, 2023 at 13.35
The short-term trend has been UP since Mar 30th, 2023 at 16.85
Smart Scan Analysis for RELY
Based on our trend formula, RELY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.03||52wk High Date||2023-03-23|
|52wk Low||6.66||52wk Low Date||2022-05-12|
|Average Volume||1,475,849||Shares Outstanding||170,664|