Is Remitly Global, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Remitly Global, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and moving averages indicating bearish signals, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands and Dow Theory also reflect a mildly bearish outlook on both weekly and monthly time frames. The KST shows a mildly bullish signal on the monthly, but this is countered by the overall bearish indicators.
In terms of performance, Remitly has outperformed the S&P 500 over the past week and month, with returns of 10.36% and 5.59% respectively, while it lags behind on a year-to-date basis with a return of -23.79% compared to the S&P 500's 15.47%.