Is Remitly Global, Inc. technically bullish or bearish?

As of 10 September 2025, the technical trend for Remitly Global, Inc. has changed from mildly bullish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, and daily moving averages are also bearish. The KST shows a bearish weekly trend but a bullish monthly trend, while the Dow Theory indicates a mildly bearish weekly stance and a mildly bullish monthly stance. The OBV is mildly bullish on both weekly and monthly time frames.
In terms of performance, Remitly has underperformed the S&P 500 across several periods, with a year-to-date return of -23.31% compared to the S&P's 12.22%, although it has a 1-year return of 21.73% versus the S&P's 17.14%. Overall, the current technical stance is mildly bearish, driven primarily by bearish signals in moving averages and Bollinger Bands.