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RELY (Remitly) Stock Analysis
Buy, Hold or Sell?

Let's analyze Remitly together

I guess you are interested in Remitly Global Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Remitly’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Remitly’s Price Targets

I'm going to help you getting a better view of Remitly Global Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Remitly (30 sec.)










1.2. What can you expect buying and holding a share of Remitly? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
15.6%

What is your share worth?

Current worth
$3.31
Expected worth in 1 year
$3.93
How sure are you?
43.8%

+ What do you gain per year?

Total Gains per Share
$0.62
Return On Investment
3.3%

For what price can you sell your share?

Current Price per Share
$18.50
Expected price per share
$15.14 - $21.61
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Remitly (5 min.)




Live pricePrice per Share (EOD)
$18.50
Intrinsic Value Per Share
$15.70 - $43.79
Total Value Per Share
$19.01 - $47.10

2.2. Growth of Remitly (5 min.)




Is Remitly growing?

Current yearPrevious yearGrowGrow %
How rich?$723.4m$530m$119.6m18.4%

How much money is Remitly making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$27.6m$26.5m2,333.0%
Net Profit Margin-0.5%-11.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Remitly (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Remitly?

Welcome investor! Remitly's management wants to use your money to grow the business. In return you get a share of Remitly.

First you should know what it really means to hold a share of Remitly. And how you can make/lose money.

Speculation

The Price per Share of Remitly is $18.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Remitly.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Remitly, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $3.31. Based on the TTM, the Book Value Change Per Share is $0.15 per quarter. Based on the YOY, the Book Value Change Per Share is $0.07 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Remitly.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.050.3%-0.010.0%-0.14-0.7%-0.10-0.5%-0.08-0.4%-0.09-0.5%
Usd Book Value Change Per Share0.050.3%0.150.8%0.070.4%0.080.5%0.191.0%0.080.4%
Usd Dividend Per Share0.000.0%0.000.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.050.3%0.150.8%0.070.4%0.090.5%0.191.0%0.080.4%
Usd Price Per Share20.80-17.22-21.05-16.69-13.37-8.36-
Price to Earnings Ratio100.05-51.61--41.33--3.90--13.81--8.63-
Price-to-Total Gains Ratio433.13-173.06-486.44--35.80--80.33--80.33-
Price to Book Ratio6.28-5.45-8.10-6.19-5.13-3.21-
Price-to-Total Gains Ratio433.13-173.06-486.44--35.80--80.33--80.33-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.5
Number of shares54
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.150.19
Usd Total Gains Per Share0.150.19
Gains per Quarter (54 shares)8.3410.09
Gains per Year (54 shares)33.3540.37
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10332304030
20675618070
30100891120110
401331221160150
501671551200190
602001882240230
702332212280270
802672542321310
903002873361350
1003343203401390

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%2.010.00.016.7%2.018.00.010.0%3.029.00.09.4%18.035.00.034.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%13.05.02.065.0%14.015.03.043.8%24.026.03.045.3%
Dividend per Share0.00.04.00.0%4.00.08.033.3%4.00.016.020.0%5.00.027.015.6%11.00.042.020.8%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%13.05.02.065.0%14.015.03.043.8%24.026.03.045.3%
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3.2. Key Performance Indicators

The key performance indicators of Remitly Global Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0480.154-69%0.066-27%0.083-42%0.186-74%0.081-41%
Book Value Per Share--3.3123.122+6%2.600+27%2.688+23%2.056+61%1.394+138%
Current Ratio--2.7792.656+5%2.652+5%2.7820%2.664+4%2.236+24%
Debt To Asset Ratio--0.3430.357-4%0.423-19%0.368-7%0.447-23%0.625-45%
Debt To Equity Ratio--0.5210.556-6%0.757-31%0.598-13%3.847-86%6.723-92%
Dividend Per Share----0%0.005-100%0.002-100%0.001-100%0.001-100%
Enterprise Value--4659827000.0003574860066.880+30%4153213868.400+12%3413412894.880+37%3698057765.739+26%3698057765.739+26%
Eps--0.052-0.007+113%-0.136+361%-0.096+285%-0.077+248%-0.090+274%
Ev To Ebitda Ratio--53.841173.142-69%-50.902+195%32.545+65%7.924+579%7.924+579%
Ev To Sales Ratio--3.2212.600+24%4.138-22%3.393-5%4.611-30%4.611-30%
Free Cash Flow Per Share--0.5310.423+25%-0.146+128%0.029+1741%-0.006+101%-0.007+101%
Free Cash Flow To Equity Per Share--0.5630.243+132%0.054+937%0.034+1577%0.097+481%0.061+822%
Gross Profit Margin---5.461-5.110-6%3.486-257%0.312-1851%2.608-309%2.064-365%
Intrinsic Value_10Y_max--43.788----------
Intrinsic Value_10Y_min--15.702----------
Intrinsic Value_1Y_max--0.735----------
Intrinsic Value_1Y_min--0.246----------
Intrinsic Value_3Y_max--4.992----------
Intrinsic Value_3Y_min--1.894----------
Intrinsic Value_5Y_max--12.605----------
Intrinsic Value_5Y_min--4.793----------
Market Cap3771391648.000-20%4543032000.0003590806316.880+27%4291232118.400+6%3428851811.547+32%2742175424.304+66%1713859640.190+165%
Net Profit Margin--0.031-0.005+115%-0.110+449%-0.095+402%-0.096+405%-0.094+401%
Operating Margin--0.0450.006+664%-0.101+326%-0.088+296%-0.091+303%-0.079+276%
Operating Ratio--0.9661.007-4%1.105-13%1.097-12%1.097-12%1.067-9%
Pb Ratio5.585-12%6.2795.455+15%8.098-22%6.187+1%5.130+22%3.207+96%
Pe Ratio88.986-12%100.04951.605+94%-41.334+141%-3.905+104%-13.807+114%-8.629+109%
Price Per Share18.500-12%20.80017.220+21%21.050-1%16.688+25%13.373+56%8.358+149%
Price To Free Cash Flow Ratio8.709-12%9.79212.814-24%-5.573+157%-17.268+276%-13.287+236%-8.305+185%
Price To Total Gains Ratio385.235-12%433.129173.062+150%486.443-11%-35.801+108%-80.329+119%-80.329+119%
Quick Ratio--2.6822.772-3%2.728-2%2.751-3%2.455+9%1.827+47%
Return On Assets--0.010-0.002+115%-0.030+391%-0.025+338%-0.022+315%-0.027+366%
Return On Equity--0.016-0.003+117%-0.052+433%-0.039+350%-0.060+481%-0.168+1170%
Total Gains Per Share--0.0480.154-69%0.071-33%0.086-44%0.187-74%0.082-42%
Usd Book Value--723476000.000649668000.000+11%530056000.000+36%552343166.667+31%421728200.000+72%285720750.000+153%
Usd Book Value Change Per Share--0.0480.154-69%0.066-27%0.083-42%0.186-74%0.081-41%
Usd Book Value Per Share--3.3123.122+6%2.600+27%2.688+23%2.056+61%1.394+138%
Usd Dividend Per Share----0%0.005-100%0.002-100%0.001-100%0.001-100%
Usd Enterprise Value--4659827000.0003574860066.880+30%4153213868.400+12%3413412894.880+37%3698057765.739+26%3698057765.739+26%
Usd Eps--0.052-0.007+113%-0.136+361%-0.096+285%-0.077+248%-0.090+274%
Usd Free Cash Flow--115991000.00088474000.000+31%-29840000.000+126%6604500.000+1656%-747750.000+101%-1123343.750+101%
Usd Free Cash Flow Per Share--0.5310.423+25%-0.146+128%0.029+1741%-0.006+101%-0.007+101%
Usd Free Cash Flow To Equity Per Share--0.5630.243+132%0.054+937%0.034+1577%0.097+481%0.061+822%
Usd Market Cap3771391648.000-20%4543032000.0003590806316.880+27%4291232118.400+6%3428851811.547+32%2742175424.304+66%1713859640.190+165%
Usd Price Per Share18.500-12%20.80017.220+21%21.050-1%16.688+25%13.373+56%8.358+149%
Usd Profit--11352000.000-1136500.000+110%-27651500.000+344%-19514583.333+272%-15785450.000+239%-18472031.250+263%
Usd Revenue--361624000.000339117250.000+7%252384500.000+43%257284833.333+41%194662650.000+86%235715406.250+53%
Usd Total Gains Per Share--0.0480.154-69%0.071-33%0.086-44%0.187-74%0.082-42%
 EOD+4 -4MRQTTM+28 -10YOY+27 -133Y+26 -145Y+28 -1210Y+28 -12

3.3 Fundamental Score

Let's check the fundamental score of Remitly Global Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1588.986
Price to Book Ratio (EOD)Between0-15.585
Net Profit Margin (MRQ)Greater than00.031
Operating Margin (MRQ)Greater than00.045
Quick Ratio (MRQ)Greater than12.682
Current Ratio (MRQ)Greater than12.779
Debt to Asset Ratio (MRQ)Less than10.343
Debt to Equity Ratio (MRQ)Less than10.521
Return on Equity (MRQ)Greater than0.150.016
Return on Assets (MRQ)Greater than0.050.010
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Remitly Global Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.979
Ma 20Greater thanMa 5019.715
Ma 50Greater thanMa 10020.932
Ma 100Greater thanMa 20021.340
OpenGreater thanClose18.370
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Remitly Global Inc

Remitly Global, Inc. 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.

Fundamental data was last updated by Penke on 2025-06-29 18:54:02.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Remitly earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • A Net Profit Margin of 3.1%Β means thatΒ $0.03 for each $1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Remitly Global Inc:

  • The MRQ is 3.1%. The company is making a profit. +1
  • The TTM is -0.5%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ3.1%TTM-0.5%+3.6%
TTM-0.5%YOY-11.0%+10.5%
TTM-0.5%5Y-9.6%+9.1%
5Y-9.6%10Y-9.4%-0.1%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Remitly is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • 1.0% Return on Assets means thatΒ Remitly generatedΒ $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Remitly Global Inc:

  • The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.0%TTM-0.2%+1.2%
TTM-0.2%YOY-3.0%+2.9%
TTM-0.2%5Y-2.2%+2.1%
5Y-2.2%10Y-2.7%+0.5%
4.3.1.3. Return on Equity

Shows how efficient Remitly is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • 1.6% Return on Equity means Remitly generated $0.02Β for eachΒ $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Remitly Global Inc:

  • The MRQ is 1.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.6%TTM-0.3%+1.8%
TTM-0.3%YOY-5.2%+5.0%
TTM-0.3%5Y-6.0%+5.7%
5Y-6.0%10Y-16.8%+10.8%
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4.3.2. Operating Efficiency of Remitly Global Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Remitly is operatingΒ .

  • Measures how much profit Remitly makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • An Operating Margin of 4.5%Β means the company generated $0.04 Β for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Remitly Global Inc:

  • The MRQ is 4.5%. The company is operating less efficient.
  • The TTM is 0.6%. The company is operating inefficient. -1
Trends
Current periodCompared to+/- 
MRQ4.5%TTM0.6%+3.9%
TTM0.6%YOY-10.1%+10.7%
TTM0.6%5Y-9.1%+9.7%
5Y-9.1%10Y-7.9%-1.2%
4.3.2.2. Operating Ratio

Measures how efficient Remitly is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Software - Infrastructure industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are $0.97 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Remitly Global Inc:

  • The MRQ is 0.966. The company is less efficient in keeping operating costs low.
  • The TTM is 1.007. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.966TTM1.007-0.041
TTM1.007YOY1.105-0.099
TTM1.0075Y1.097-0.090
5Y1.09710Y1.067+0.030
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4.4.3. Liquidity of Remitly Global Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Remitly is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Software - Infrastructure industry mean).
  • A Current Ratio of 2.78Β means the company has $2.78 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Remitly Global Inc:

  • The MRQ is 2.779. The company is able to pay all its short-term debts. +1
  • The TTM is 2.656. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.779TTM2.656+0.123
TTM2.656YOY2.652+0.004
TTM2.6565Y2.664-0.008
5Y2.66410Y2.236+0.427
4.4.3.2. Quick Ratio

Measures if Remitly is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • A Quick Ratio of 2.68Β means the company can pay off $2.68 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Remitly Global Inc:

  • The MRQ is 2.682. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.772. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.682TTM2.772-0.090
TTM2.772YOY2.728+0.045
TTM2.7725Y2.455+0.318
5Y2.45510Y1.827+0.627
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4.5.4. Solvency of Remitly Global Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of RemitlyΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Remitly to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.34Β means that Remitly assets areΒ financed with 34.3% credit (debt) and the remaining percentage (100% - 34.3%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Remitly Global Inc:

  • The MRQ is 0.343. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.357. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.343TTM0.357-0.014
TTM0.357YOY0.423-0.066
TTM0.3575Y0.447-0.090
5Y0.44710Y0.625-0.178
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Remitly is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 52.1% means that company has $0.52 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Remitly Global Inc:

  • The MRQ is 0.521. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.556. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.521TTM0.556-0.035
TTM0.556YOY0.757-0.201
TTM0.5565Y3.847-3.291
5Y3.84710Y6.723-2.876
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Remitly generates.

  • Above 15 is considered overpriced butΒ always compareΒ Remitly to theΒ Software - Infrastructure industry mean.
  • A PE ratio of 100.05 means the investor is paying $100.05Β for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Remitly Global Inc:

  • The EOD is 88.986. Based on the earnings, the company is expensive. -2
  • The MRQ is 100.049. Based on the earnings, the company is expensive. -2
  • The TTM is 51.605. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD88.986MRQ100.049-11.063
MRQ100.049TTM51.605+48.444
TTM51.605YOY-41.334+92.939
TTM51.6055Y-13.807+65.412
5Y-13.80710Y-8.629-5.178
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Remitly Global Inc:

  • The EOD is 8.709. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.792. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.814. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.709MRQ9.792-1.083
MRQ9.792TTM12.814-3.022
TTM12.814YOY-5.573+18.387
TTM12.8145Y-13.287+26.101
5Y-13.28710Y-8.305-4.983
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Remitly is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 6.28 means the investor is paying $6.28Β for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Remitly Global Inc:

  • The EOD is 5.585. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.279. Based on the equity, the company is overpriced. -1
  • The TTM is 5.455. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.585MRQ6.279-0.694
MRQ6.279TTM5.455+0.825
TTM5.455YOY8.098-2.644
TTM5.4555Y5.130+0.324
5Y5.13010Y3.207+1.924
4.6.2. Total Gains per Share

2.4. Latest News of Remitly Global Inc

Does Remitly Global Inc still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Remitly Global Inc to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-07-05
12:15
Could Buying Remitly Global Stock Today Set You Up for Life?Read
2025-07-05
12:15
Could Buying Remitly Global Stock Today Set You Up for Life?Read
2025-07-01
22:25
Remitly Global Enters Oversold Territory (RELY)Read
2025-06-29
18:31
The Ultimate Growth Stock to Buy With $1,000 Right NowRead
2025-06-18
13:05
Remitly (RELY) Rallies on New One Big Beautiful Bill ProposalRead
2025-06-14
18:41
Remitly Global's SWOT analysis: digital remittance leader's stock poised for growthRead

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Remitly Global Inc.

4.8.1. Institutions holding Remitly Global Inc

Institutions are holding 80.498% of the shares of Remitly Global Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31Naspers Ltd18.317574.96673734174500
2025-03-31Vanguard Group Inc7.3370.0056149571523060992.0893
2025-03-31BlackRock Inc6.43740.0057131231709576317.8717
2025-03-31Baillie Gifford & Co Limited.4.14540.15348450654-934680-9.9589
2025-03-31Generation Investment Management LLP3.77340.9663769232000
2025-03-31AllianceBernstein L.P.2.52030.038751378344037151366.786
2025-03-31ArrowMark Colorado Holdings, LLC (ArrowMark Partners)2.1351.46614352395-421674-8.8326
2025-03-31Morgan Stanley - Brokerage Accounts1.89310.00573859271-223604-5.4766
2025-03-31Geode Capital Management, LLC1.77460.00593617690887432.5147
2025-03-31State Street Corp1.61650.00283295395-5727-0.1735
2025-03-31Cadian Capital Management LP1.4732.67233002788-2507026-45.5011
2024-12-31NORGES BANK1.43810.00872931745106042256.667
2025-03-31Dimensional Fund Advisors, Inc.1.22340.0129249405923687710.4944
2025-03-31Deutsche Bank AG1.16320.0196237133540241720.4385
2025-03-31FMR Inc1.15420.003123529131884888.7085
2025-03-31Marshall Wace Asset Management Ltd1.14890.0619234220177126649.096
2025-03-31JPMorgan Chase & Co1.09210.00342226420-595836-21.112
2025-03-31Lead Edge Capital Management, LLC1.083513.9539220883341473323.1165
2024-12-31Nuveen Asset Management, LLC0.92080.0121877147455792.4885
2025-03-31Wellington Management Company LLP0.88970.00731813810-234641-11.4546
Total 61.537194.372125448877+3586218+2.9%

4.9.2. Funds holding Remitly Global Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-05-31Vanguard Total Stock Mkt Idx Inv2.37080.0057483298737410.0775
2025-05-31Vanguard Small Cap Index1.86310.05443798053211280.5594
2025-05-31iShares Russell 2000 ETF1.84460.1305376031100
2025-04-30Baillie Gifford Positive Change1.643.02463343210-72575-2.1247
2025-04-30Baillie Gifford Positive Change B Acc1.63983.0273342840-94543-2.7504
2025-03-31Vanguard Explorer Inv1.1340.24232311827607552.6989
2025-05-31Vanguard Institutional Extnd Mkt Idx Tr1.13310.04522309857158180.6895
2025-05-31Xtrackers S&P 500 Swap ETF 1C1.0860.46432213888-218530-8.9841
2025-05-31Vanguard Small Cap Growth Index Inv1.02650.12632092607-10737-0.5105
2025-04-30Baillie Gifford WW Pstv Chg B USD Acc0.89863.14151831838-51855-2.7528
2025-03-31Fidelity Small Cap Index0.73250.1285149321396150.6481
2025-03-31Fidelity Small Cap Growth0.71880.45281465400-14400-0.9731
2025-05-31BlackRock Global Equity Mkt Netrl Instl0.68550.5608139746660419476.1648
2025-03-31Lord Abbett Developing Growth A0.63911.4866130296119599017.7051
2025-05-31iShares Russell 2000 Growth ETF0.63590.2507129642000
2025-05-31BlackRock Advantage Small Cap Core Instl0.52680.5779107383827116033.7819
2025-03-31T. Rowe Price Integrated US Sm Gr Eq0.46420.261594636800
2025-03-31T. Rowe Price Integrated US SmCapGrEq0.46420.2615946368-946368-50
2025-04-30JPMorgan Small Cap Growth A0.4570.623493172700
2025-03-31Eventide Gilead N0.43880.741589456521624231.8789
Total 20.399315.60741585744-103650.0%

5.3. Insider Transactions

Insiders are holding 5.588% of the shares of Remitly Global Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2025-06-10Phillip John RieseSELL500020.34
2025-05-30Joshua HugSELL2000021.07
2025-05-29Joshua HugSELL6077721.22
2025-05-29Luke TavisSELL292021.15
2025-05-27Luke TavisSELL97022.33
2025-05-21Matthew B OppenheimerSELL1458322.44
2025-05-15Bora ChungSELL1300022.76
2025-05-15Joshua HugSELL1000022.77
2025-05-14Ltd NaspersSELL1190000022.89
2025-05-05Joshua HugSELL3771821.05
2025-04-21Joshua HugSELL1000019.23
2025-04-17Joshua HugSELL1000019.71
2025-03-17Ankur SinhaSELL500019.01
2025-03-17Matthew B OppenheimerSELL1458319.31
2025-02-05Matthew B OppenheimerSELL1458325.21
2025-01-22Matthew B OppenheimerSELL1458323.14
2024-12-10Matthew B OppenheimerSELL1458320.86
2024-11-26Joshua HugSELL2219820.62
2024-11-20Ankur SinhaSELL111220.5
2024-11-06Pankaj SharmaSELL400020
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in USD. All numbers in thousands.

Summary
Total Assets1,100,586
Total Liabilities377,110
Total Stockholder Equity723,476
 As reported
Total Liabilities 377,110
Total Stockholder Equity+ 723,476
Total Assets = 1,100,586

Assets

Total Assets1,100,586
Total Current Assets978,718
Long-term Assets121,868
Total Current Assets
Cash And Cash Equivalents 493,905
Short-term Investments 213,554
Net Receivables 237,137
Total Current Assets  (as reported)978,718
Total Current Assets  (calculated)944,596
+/- 34,122
Long-term Assets
Property Plant Equipment 53,352
Goodwill 54,940
Intangible Assets 8,379
Long-term Assets Other 5,197
Long-term Assets  (as reported)121,868
Long-term Assets  (calculated)121,868
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities352,157
Long-term Liabilities24,953
Total Stockholder Equity723,476
Total Current Liabilities
Short-term Debt 6,519
Short Long Term Debt 2,421
Accounts payable 38,907
Other Current Liabilities 300,026
Total Current Liabilities  (as reported)352,157
Total Current Liabilities  (calculated)347,873
+/- 4,284
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt12,307
Long-term Liabilities Other 10,225
Long-term Liabilities  (as reported)24,953
Long-term Liabilities  (calculated)22,532
+/- 2,421
Total Stockholder Equity
Common Stock20
Retained Earnings -516,929
Accumulated Other Comprehensive Income 75
Other Stockholders Equity 1,240,310
Total Stockholder Equity (as reported)723,476
Total Stockholder Equity (calculated)723,476
+/-0
Other
Capital Stock20
Cash and Short Term Investments 493,905
Common Stock Shares Outstanding 218,415
Liabilities and Stockholders Equity 1,100,586
Net Debt -472,658
Net Invested Capital 725,897
Net Working Capital 626,561
Property Plant and Equipment Gross 92,237
Short Long Term Debt Total 21,247



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312018-03-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312007-09-302005-12-312004-12-312003-12-312002-12-312002-03-31
> Total Assets 
7,909,005
6,568,656
9,521,907
10,105,996
11,484,113
8,791,067
477,180
62,656
149,104
143,018
139,165
132,970
127,029
121,624
124,371
118,695
90,120
89,168
85,745
85,901
121,923
791,300
773,200
763,200
700,900
703,700
704,100
712,300
645,500
663,600
671,000
628,800
592,100
0
0
0
362,989
395,090
312,633
664,869
625,664
627,536
728,110
690,337
695,953
715,185
784,527
832,750
1,036,306
1,079,201
950,193
970,430
1,012,871
1,100,586
1,100,5861,012,871970,430950,1931,079,2011,036,306832,750784,527715,185695,953690,337728,110627,536625,664664,869312,633395,090362,989000592,100628,800671,000663,600645,500712,300704,100703,700700,900763,200773,200791,300121,92385,90185,74589,16890,120118,695124,371121,624127,029132,970139,165143,018149,10462,656477,1808,791,06711,484,11310,105,9969,521,9076,568,6567,909,005
   > Total Current Assets 
151,204
236,376
835,651
904,975
768,643
2,658,068
355,698
61,457
65,512
70,223
74,308
72,612
69,659
72,802
97,219
93,967
66,356
65,680
62,971
63,204
86,097
345,100
333,100
326,800
271,800
279,900
287,400
298,300
286,800
306,600
312,900
300,400
305,100
0
0
345,331
345,331
379,294
296,366
647,318
607,552
606,897
704,098
666,135
669,419
606,938
679,165
728,836
932,118
972,011
840,554
861,256
897,514
978,718
978,718897,514861,256840,554972,011932,118728,836679,165606,938669,419666,135704,098606,897607,552647,318296,366379,294345,331345,33100305,100300,400312,900306,600286,800298,300287,400279,900271,800326,800333,100345,10086,09763,20462,97165,68066,35693,96797,21972,80269,65972,61274,30870,22365,51261,457355,6982,658,068768,643904,975835,651236,376151,204
       Cash And Cash Equivalents 
151,204
236,376
835,651
904,975
768,643
2,658,068
355,698
60,093
46,977
52,439
52,688
53,366
50,537
51,599
76,190
71,367
47,880
44,628
44,844
44,754
62,868
28,600
38,500
44,900
35,700
37,000
40,200
34,600
27,200
18,500
18,400
12,800
24,900
0
0
0
186,694
238,502
173,363
443,313
403,262
444,605
429,709
376,451
300,635
244,159
227,507
223,273
323,710
285,997
185,187
324,434
368,097
493,905
493,905368,097324,434185,187285,997323,710223,273227,507244,159300,635376,451429,709444,605403,262443,313173,363238,502186,69400024,90012,80018,40018,50027,20034,60040,20037,00035,70044,90038,50028,60062,86844,75444,84444,62847,88071,36776,19051,59950,53753,36652,68852,43946,97760,093355,6982,658,068768,643904,975835,651236,376151,204
       Short-term Investments 
0
0
0
0
0
0
0
0
4,961
4,991
8,116
5,146
5,497
5,748
4,483
32
3,581
4,568
928
137
5,243
100
52,300
47,800
0
0
0
0
600
6,000
5,000
7,000
7,000
0
0
0
0
0
0
79,243
67,215
81,702
95,209
114,029
191,402
123,190
138,870
259,316
379,417
439,183
461,797
276,096
193,965
213,554
213,554193,965276,096461,797439,183379,417259,316138,870123,190191,402114,02995,20981,70267,21579,2430000007,0007,0005,0006,000600000047,80052,3001005,2431379284,5683,581324,4835,7485,4975,1468,1164,9914,96100000000
       Net Receivables 
0
0
0
0
0
0
0
0
4,997
4,112
3,925
4,715
4,678
3,525
4,904
4,133
3,736
3,753
4,869
4,907
4,509
170,700
106,000
101,600
77,200
89,100
93,700
97,100
88,400
113,900
112,900
105,900
122,500
0
0
50,729
50,729
61,884
59,567
79,243
67,215
81,702
95,209
114,029
191,402
123,190
138,870
259,316
397,829
455,856
478,749
293,394
213,020
237,137
237,137213,020293,394478,749455,856397,829259,316138,870123,190191,402114,02995,20981,70267,21579,24359,56761,88450,72950,72900122,500105,900112,900113,90088,40097,10093,70089,10077,200101,600106,000170,7004,5094,9074,8693,7533,7364,1334,9043,5254,6784,7153,9254,1124,99700000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
994
445
7,933
814
875
716
1,804
2,128
9,600
13,100
14,400
57,700
58,900
64,200
71,100
52,400
56,400
56,500
48,800
43,400
0
0
101,558
107,908
78,908
63,436
124,762
137,075
80,590
179,180
175,655
177,382
239,589
312,788
246,247
210,579
230,158
176,618
243,428
316,397
247,676
247,676316,397243,428176,618230,158210,579246,247312,788239,589177,382175,655179,18080,590137,075124,76263,43678,908107,908101,5580043,40048,80056,50056,40052,40071,10064,20058,90057,70014,40013,1009,6002,1281,8047168758147,9334459940000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
1,199
83,592
72,795
64,857
60,358
57,370
48,822
27,152
24,728
23,764
23,488
22,774
22,697
35,826
446,200
440,100
436,400
429,100
423,800
416,700
414,000
358,700
357,000
358,100
328,400
287,000
0
0
0
17,658
15,796
16,267
17,551
18,112
20,639
24,012
24,202
26,534
108,247
105,362
103,914
104,188
107,190
109,639
109,174
115,357
121,868
121,868115,357109,174109,639107,190104,188103,914105,362108,24726,53424,20224,01220,63918,11217,55116,26715,79617,658000287,000328,400358,100357,000358,700414,000416,700423,800429,100436,400440,100446,20035,82622,69722,77423,48823,76424,72827,15248,82257,37060,35864,85772,79583,5921,1990000000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
210
0
0
386
0
0
0
435
316,400
324,900
320,100
301,500
296,200
290,400
287,300
289,200
287,200
289,800
290,000
247,500
0
0
15,280
15,280
14,561
13,915
15,277
14,551
16,943
20,383
19,690
20,221
25,612
25,098
25,012
25,535
29,650
34,083
35,132
44,568
53,352
53,35244,56835,13234,08329,65025,53525,01225,09825,61220,22119,69020,38316,94314,55115,27713,91514,56115,28015,28000247,500290,000289,800287,200289,200287,300290,400296,200301,500320,100324,900316,400435000386002100000000000000
       Goodwill 
0
0
0
0
0
0
0
0
18,381
18,180
18,180
18,180
18,180
17,780
17,780
17,780
17,780
17,780
17,780
17,780
17,780
102,300
84,500
85,000
104,300
105,000
104,500
104,600
42,200
42,300
42,900
9,700
9,800
0
0
0
0
0
0
0
0
0
0
0
0
54,989
54,940
54,940
54,940
54,940
54,940
54,940
54,940
54,940
54,94054,94054,94054,94054,94054,94054,94054,94054,9890000000000009,8009,70042,90042,30042,200104,600104,500105,000104,30085,00084,500102,30017,78017,78017,78017,78017,78017,78017,78017,78018,18018,18018,18018,18018,38100000000
       Intangible Assets 
0
0
0
0
0
0
0
1,199
8,617
6,978
6,365
5,752
5,139
3,924
3,519
3,113
2,708
2,435
2,282
2,002
1,723
21,600
20,800
20,600
15,100
14,500
13,800
13,200
12,500
11,900
11,300
10,700
0
0
0
0
0
0
0
0
0
0
0
0
0
20,285
19,071
17,856
16,642
15,427
14,212
12,548
10,463
8,379
8,37910,46312,54814,21215,42716,64217,85619,07120,285000000000000010,70011,30011,90012,50013,20013,80014,50015,10020,60020,80021,6001,7232,0022,2822,4352,7083,1133,5193,9245,1395,7526,3656,9788,6171,1990000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
55,749
46,976
40,312
36,426
34,051
3,692
3,851
1,868
1,562
3,273
2,712
2,915
10,784
2,900
6,900
8,000
2,400
8,100
8,000
8,900
1,300
15,600
14,100
18,000
20,700
0
0
0
2,378
1,235
2,352
2,274
3,561
3,696
3,629
4,512
6,313
7,361
6,253
6,106
7,071
7,173
6,404
6,554
5,386
5,197
5,1975,3866,5546,4047,1737,0716,1066,2537,3616,3134,5123,6293,6963,5612,2742,3521,2352,37800020,70018,00014,10015,6001,3008,9008,0008,1002,4008,0006,9002,90010,7842,9152,7123,2731,5621,8683,8513,69234,05136,42640,31246,97655,74900000000
> Total Liabilities 
7,551,232
6,169,639
8,857,175
9,092,348
10,127,307
8,486,109
386,033
61,049
82,235
79,181
75,862
73,451
69,399
66,038
70,073
69,657
40,202
38,719
35,518
34,405
36,214
646,200
633,700
619,400
559,300
569,800
573,100
590,400
612,100
641,500
650,500
645,800
673,200
0
0
0
186,611
220,888
134,081
177,186
145,336
156,033
260,885
223,848
215,866
219,764
268,790
306,958
506,969
529,843
371,291
339,607
347,400
377,110
377,110347,400339,607371,291529,843506,969306,958268,790219,764215,866223,848260,885156,033145,336177,186134,081220,888186,611000673,200645,800650,500641,500612,100590,400573,100569,800559,300619,400633,700646,20036,21434,40535,51838,71940,20269,65770,07366,03869,39973,45175,86279,18182,23561,049386,0338,486,10910,127,3079,092,3488,857,1756,169,6397,551,232
   > Total Current Liabilities 
625,169
299,136
193,304
155,529
83,235
12,504
0
39,000
10,803
11,032
8,619
7,889
4,512
12,271
12,928
9,850
10,686
11,315
9,472
11,726
15,169
218,100
181,500
162,400
155,100
148,700
162,500
156,500
164,500
172,700
178,800
545,700
232,000
0
0
181,776
181,776
216,945
130,486
172,662
141,616
150,565
251,877
215,782
209,142
197,467
226,656
300,397
366,839
367,845
341,846
324,095
329,008
352,157
352,157329,008324,095341,846367,845366,839300,397226,656197,467209,142215,782251,877150,565141,616172,662130,486216,945181,776181,77600232,000545,700178,800172,700164,500156,500162,500148,700155,100162,400181,500218,10015,16911,7269,47211,31510,6869,85012,92812,2714,5127,8898,61911,03210,80339,000012,50483,235155,529193,304299,136625,169
       Short-term Debt 
309,000
0
0
0
0
0
0
39,000
4,680
5,116
3,066
1,700
0
3,511
2,950
2,373
3,600
3,700
3,800
3,900
3,900
1,500
1,500
1,800
2,300
2,400
2,400
2,400
2,300
2,900
3,100
387,700
3,600
0
0
0
82,959
67,799
2,826
3,411
3,240
3,590
2,726
3,168
3,521
8,132
8,069
7,749
8,513
8,191
8,629
7,914
7,213
6,519
6,5197,2137,9148,6298,1918,5137,7498,0698,1323,5213,1682,7263,5903,2403,4112,82667,79982,9590003,600387,7003,1002,9002,3002,4002,4002,4002,3001,8001,5001,5003,9003,9003,8003,7003,6002,3732,9503,51101,7003,0665,1164,68039,000000000309,000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
80,000
0
0
0
0
0
0
0
0
2,490
2,432
2,354
2,481
2,445
2,394
2,426
2,468
2,421
2,4212,4682,4262,3942,4452,4812,3542,4322,4900000000080,000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
6,123
5,916
5,553
6,189
4,512
1,386
2,419
3,586
3,205
2,285
3,622
4,838
6,218
116,200
128,000
120,600
100,900
102,400
112,500
112,400
115,800
129,400
124,300
121,200
96,400
0
0
4,256
4,256
12,728
7,332
6,869
1,210
6,048
5,459
8,180
6,794
2,909
17,608
17,861
35,051
12,278
20,926
16,825
16,159
38,907
38,90716,15916,82520,92612,27835,05117,86117,6082,9096,7948,1805,4596,0481,2106,8697,33212,7284,2564,2560096,400121,200124,300129,400115,800112,400112,500102,400100,900120,600128,000116,2006,2184,8383,6222,2853,2053,5862,4191,3864,5126,1895,5535,9166,12300000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
7,374
7,559
3,891
3,759
5,330
2,050
2,988
-453
97,400
49,000
38,000
43,900
38,900
42,600
36,700
39,100
38,400
49,400
34,800
120,300
0
0
74,769
94,561
136,418
120,328
162,382
137,166
140,927
243,692
204,434
190,539
175,525
192,486
268,797
314,016
338,637
304,962
294,534
299,748
300,026
300,026299,748294,534304,962338,637314,016268,797192,486175,525190,539204,434243,692140,927137,166162,382120,328136,41894,56174,76900120,30034,80049,40038,40039,10036,70042,60038,90043,90038,00049,00097,400-4532,9882,0505,3303,7593,8917,5597,3740000000000000
   > Long-term Liabilities 
342,568
299,136
193,304
155,529
83,235
12,504
0
39,000
52,000
51,613
51,413
48,982
47,828
42,717
42,645
42,257
14,735
12,654
11,746
11,029
15,140
338,400
354,900
361,800
324,200
338,000
328,800
352,600
363,600
386,600
385,600
14,400
14,500
0
0
0
4,835
3,943
3,595
4,524
3,720
5,468
9,008
8,066
6,724
22,297
42,134
6,561
140,130
161,998
29,445
15,512
18,392
24,953
24,95318,39215,51229,445161,998140,1306,56142,13422,2976,7248,0669,0085,4683,7204,5243,5953,9434,83500014,50014,400385,600386,600363,600352,600328,800338,000324,200361,800354,900338,40015,14011,02911,74612,65414,73542,25742,64542,71747,82848,98251,41351,61352,00039,000012,50483,235155,529193,304299,136342,568
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
827
827
615
892
901
813
1,106
1,075
1,399
1,050
13,632
0
0
0
0
0
0
0
0
0000000013,6321,0501,3991,0751,10681390189261582782700000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
500
800
1,000
900
1,200
0
1,700
0
0
0
0
0
0
0
00000001,70001,2009001,0008005000000000000000000000000000000000000000000
> Total Stockholder Equity
357,773
399,017
664,732
1,013,648
1,356,806
304,958
91,147
69,617
66,869
63,837
63,303
59,519
57,630
55,586
54,298
49,038
49,918
50,449
50,227
51,496
85,709
145,100
139,500
143,800
141,600
133,900
131,000
121,900
33,400
22,100
20,500
-17,000
-81,100
0
0
0
176,378
174,202
178,552
487,683
480,328
471,503
467,225
466,489
480,087
495,421
515,737
525,792
529,337
549,358
578,902
630,823
665,471
723,476
723,476665,471630,823578,902549,358529,337525,792515,737495,421480,087466,489467,225471,503480,328487,683178,552174,202176,378000-81,100-17,00020,50022,10033,400121,900131,000133,900141,600143,800139,500145,10085,70951,49650,22750,44949,91849,03854,29855,58657,63059,51963,30363,83766,86969,61791,147304,9581,356,8061,013,648664,732399,017357,773
   Common Stock
70,795
75,397
75,990
77,241
77,497
78,117
78,380
4,899
1,151
1,151
1,156
1,156
1,168
1,182
1,186
119
12
12
12
12
17
27,301
28,367
28,892
28,892
29,246
29,253
4,000
4,000
1,000
2,000
29,801
29,722
0
0
2
2
2
3
16
16
17
17
17
17
18
18
19
19
19
20
20
20
20
20202020191919181817171717161632220029,72229,8012,0001,0004,0004,00029,25329,24628,89228,89228,36727,30117121212121191,1861,1821,1681,1561,1561,1511,1514,89978,38078,11777,49777,24175,99075,39770,795
   Retained Earnings 
64,129
84,591
328,044
663,580
966,112
-112,023
0
0
-380,633
-384,315
-385,561
-389,451
-392,080
-394,551
-396,473
-402,331
-401,817
-401,704
-402,206
-401,439
-396,314
-389,800
-401,700
-401,300
-403,300
-413,500
-414,900
-425,800
-506,200
-517,700
-524,000
-564,900
-627,900
0
0
-220,688
-220,688
-228,458
-229,906
-242,868
-259,444
-282,754
-320,999
-354,068
-373,463
-401,777
-420,627
-456,282
-491,303
-512,383
-524,474
-522,557
-528,281
-516,929
-516,929-528,281-522,557-524,474-512,383-491,303-456,282-420,627-401,777-373,463-354,068-320,999-282,754-259,444-242,868-229,906-228,458-220,688-220,68800-627,900-564,900-524,000-517,700-506,200-425,800-414,900-413,500-403,300-401,300-401,700-389,800-396,314-401,439-402,206-401,704-401,817-402,331-396,473-394,551-392,080-389,451-385,561-384,315-380,63300-112,023966,112663,580328,04484,59164,129
   Accumulated Other Comprehensive Income 
118
63
587
1,415
14,754
2,334
0
60
-69
196
557
207
484
224
0
0
0
0
0
0
0
300
-900
-2,600
-1,000
1,600
200
700
-7,100
-6,400
-1,400
2,100
4,500
0
0
0
591
559
575
282
253
257
-1,014
-2,389
-743
-395
-150
-1,142
335
-307
-404
1,881
-1,658
75
75-1,6581,881-404-307335-1,142-150-395-743-2,389-1,0142572532825755595910004,5002,100-1,400-6,400-7,1007002001,600-1,000-2,600-9003000000000224484207557196-696002,33414,7541,41558763118
   Capital Surplus 000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
222,731
238,966
260,111
271,412
298,443
336,530
12,767
64,658
446,420
446,805
447,151
447,607
448,058
448,955
449,585
451,250
451,723
452,141
452,421
452,923
482,006
507,299
513,733
518,808
517,008
516,554
516,447
543,000
542,700
545,200
543,900
515,999
512,578
0
0
591
8,766
11,392
17,193
730,253
739,503
753,983
789,221
822,929
854,276
897,575
936,496
983,197
1,020,286
1,062,029
1,103,760
1,151,479
1,195,390
1,240,310
1,240,3101,195,3901,151,4791,103,7601,062,0291,020,286983,197936,496897,575854,276822,929789,221753,983739,503730,25317,19311,3928,76659100512,578515,999543,900545,200542,700543,000516,447516,554517,008518,808513,733507,299482,006452,923452,421452,141451,723451,250449,585448,955448,058447,607447,151446,805446,42064,65812,767336,530298,443271,412260,111238,966222,731



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,263,963
Cost of Revenue-515,522
Gross Profit748,441748,441
 
Operating Income (+$)
Gross Profit748,441
Operating Expense-787,527
Operating Income-39,086-39,086
 
Operating Expense (+$)
Research Development269,817
Selling General Administrative195,857
Selling And Marketing Expenses303,799
Operating Expense787,527769,473
 
Net Interest Income (+$)
Interest Income8,077
Interest Expense-3,241
Other Finance Cost-0
Net Interest Income4,836
 
Pretax Income (+$)
Operating Income-39,086
Net Interest Income4,836
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-30,251-47,921
EBIT - interestExpense = -30,251
-30,251
-33,737
Interest Expense3,241
Earnings Before Interest and Taxes (EBIT)-27,010-27,010
Earnings Before Interest and Taxes (EBITDA)-8,956
 
After tax Income (+$)
Income Before Tax-30,251
Tax Provision-6,727
Net Income From Continuing Ops-36,978-36,978
Net Income-36,978
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,303,049
Total Other Income/Expenses Net8,835-4,836
 

Technical Analysis of Remitly
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Remitly. The general trend of Remitly is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Remitly's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Remitly Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Remitly Global Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 18.99 < 19.00 < 21.61.

The bearish price targets are: 17.42 > 15.28 > 15.14.

Know someone who trades $RELY? Share this with them.πŸ‘‡

Remitly Global Inc Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Remitly Global Inc. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Remitly Global Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Remitly Global Inc. The current macd is -0.72227053.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Remitly price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Remitly. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Remitly price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Remitly Global Inc Daily Moving Average Convergence/Divergence (MACD) ChartRemitly Global Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Remitly Global Inc. The current adx is 13.80.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Remitly shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Remitly Global Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Remitly Global Inc. The current sar is 21.24.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Remitly Global Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Remitly Global Inc. The current rsi is 35.98. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Remitly Global Inc Daily Relative Strength Index (RSI) ChartRemitly Global Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Remitly Global Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Remitly price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Remitly Global Inc Daily Stochastic Oscillator ChartRemitly Global Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Remitly Global Inc. The current cci is -113.6689266.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Remitly Global Inc Daily Commodity Channel Index (CCI) ChartRemitly Global Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Remitly Global Inc. The current cmo is -33.18752937.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Remitly Global Inc Daily Chande Momentum Oscillator (CMO) ChartRemitly Global Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Remitly Global Inc. The current willr is -88.47583643.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Remitly Global Inc Daily Williams %R ChartRemitly Global Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Remitly Global Inc.

Remitly Global Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Remitly Global Inc. The current atr is 0.76525784.

Remitly Global Inc Daily Average True Range (ATR) ChartRemitly Global Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Remitly Global Inc. The current obv is -59,664,876.

Remitly Global Inc Daily On-Balance Volume (OBV) ChartRemitly Global Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Remitly Global Inc. The current mfi is 38.63.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Remitly Global Inc Daily Money Flow Index (MFI) ChartRemitly Global Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Remitly Global Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-05STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-07-03STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Remitly Global Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Remitly Global Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.979
Ma 20Greater thanMa 5019.715
Ma 50Greater thanMa 10020.932
Ma 100Greater thanMa 20021.340
OpenGreater thanClose18.370
Total1/5 (20.0%)
Penke
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