Should You Buy Remitly Global Inc (RELY) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Remitly Global Inc (RELY) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial growth, positive analyst ratings, and technical indicators suggest a favorable entry point despite minor insider selling and lack of recent news catalysts.
Technical Analysis
The MACD is positive and expanding (0.084), indicating bullish momentum. RSI is neutral at 65.455, and moving averages are converging, suggesting a potential breakout. The stock is trading near its R1 resistance level (14.31), with support at 13.767, indicating a stable price range.