Remitly global inc RELY.US Swing Trading Analysis

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RELY Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates RELY with  a higher swing trading score of 4.
  • It is mainly due to  the positive AI swing signal.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 7 trades with a 57.14% win rate and an average profit/loss of 13.22%.

RELY Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

RELY Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of RELY from 2021/09 till Now

-71.53%
Cumulative Return
-29.41%
Annual Return
44.66%
Volatility
-0.66
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from September, 2021 to May, 2025. (Total Trades: 34)

RELYSectorUS Overall Market
Wining Rate24%44%43%
Avg Return-2%3%2.3%
Avg Profit20.8%15.6%14.5%
Avg Loss-9.4%-7.1%-7.3%
Avg Risk-Reward Ratio221.5%221.4%200.3%

Update to 2025/5/14 (Daily Update)

Top 10 High Relevance to RELY Swing Trading Score