Question 1

What does the Stochastic Oscillator suggest about RELY's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did RELY's Momentum indicator behave recently?

Accepted Answer

RELY saw its Momentum Indicator move above the 0 level on August 13, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator turned positive. In 30 of the 42 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for RELY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for RELY just turned positive on August 13, 2024. Looking at past instances where RELY's MACD turned positive, the stock continued to rise in 23 of 27 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for RELY?

Accepted Answer

RELY moved above its 50-day moving average on August 07, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What does a 3-day price advance indicate for RELY?

Accepted Answer

Following a +3.40% 3-day Advance, the price is estimated to grow further. Considering data from situations where RELY advanced for three days, in 134 of 166 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for RELY's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RELY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.

Question 7

What does RELY breaking above its upper Bollinger Band indicate?

Accepted Answer

RELY broke above its upper Bollinger Band on August 16, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

How does the Aroon Indicator reflect on RELY's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 112 of 121 cases where RELY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

RELY Stock Remitly Global (RELY, $13.51) RSI Indicator left the oversold zone on June 06, 2024

Momentum Indicator for RELY turns positive, indicating new upward trend

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