Is Remitly Global, Inc. technically bullish or bearish?

Jun 25 2025 09:05 AM IST
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As of May 14, 2025, Remitly Global, Inc. shows a mildly bullish trend overall, supported by daily moving averages, despite mixed signals from weekly and monthly indicators suggesting caution.
As of 14 May 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating a positive trend. However, the weekly MACD is mildly bearish and the Bollinger Bands on a weekly basis are also bearish, suggesting some caution. The monthly indicators, including MACD and KST, are bullish, which supports the overall mildly bullish outlook. The Dow Theory shows a mildly bullish trend on a monthly basis, while the OBV indicates a bearish stance monthly. Overall, the mixed signals across different time frames suggest a cautious but mildly bullish sentiment for Remitly Global, Inc.
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