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, with key indicators such as the weekly MACD and moving averages both indicating bearish signals. The Bollinger Bands and Dow Theory also reflect a mildly bearish outlook on both weekly and monthly time frames. However, the KST shows a mildly bullish signal on the monthly, suggesting some potential strength.
In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 10.36% and 5.59% respectively, but it remains significantly underperforming year-to-date at -23.79% compared to the S&P 500's 15.47%. Overall, the mixed signals indicate a cautious approach is warranted.