Remitly global inc RELY.US Trend Analysis

US StockIndustrials
(Powered by Quartr Logo)

RELY Trend Score

3

24

15

Bullish
  • AI analysis rates RELY   with a higher trend score of 4.
  • It is mainly due to  a bullish signal from short and long-term moving averages .
  • Historically, RELY had a trend trading score of 4 on 16 occasions, with an average investment return of 6.83%. The win rate was 68%, with profits averaging 10.14% for the wining trades.

RELY Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/10 (Daily Update)

Get Growin's Proprietary Indicators!

The above two proprietary indicators are available on the TradingView. Provide your TradingView username and get access to both indicators!

RELY Historical Trend Score

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

RELY Trend 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

-4.66%
Cumulative Return
-1.32%
Annual Return
25.84%
Volatility
-0.05
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from September, 2021 to May, 2025. (Total Trades: 13)

RELYSectorUS Overall Market
Wining Rate38%33%33%
Avg Return0.5%0.7%1%
Avg Profit12.4%13.5%14.7%
Avg Loss-6.9%-5.7%-5.8%
Avg Risk-Reward Ratio180.4%235.3%252.7%

Update to 2025/5/12 (Daily Update)

Top 10 High Relevance to RELY Trend Score