Remitly Global, Inc. (RELY)

Remitly Global, Inc. is trading at $24.02, down 2.52% on the session. The 50 day average sits at $23.90 and the 200 day at $20.27, which puts the stock in a uptrend. RSI is at 58.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $24.35 with resistance near $26.74, so that band frames the current range. Average daily movement is roughly $0.94, or about 3.9% of the share price, which is what any stop placement has to allow for. The overall health score of 79 out of 100 combines a trend score of 81, momentum of 88 and a risk score of 64.

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.