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RELY Stock Analysis

Data source: Trade-Ideas Alerts | 6 alerts analyzed | Backtest period: 2023-08-03 → 2024-11-14

⚠️ Small sample size (6 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Remitly Global, Inc. Common Stock SERVICES-BUSINESS SERVICES, NEC (SIC 7389)
📍 NASDAQ 📅 IPO: Sep 23, 2021 🔗 www.remitly.com
💰 Market Cap: $2.96B 👥 Employees: 2,800
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
📊
6
Total Alerts
🎯
50.0%
Win Rate (5MIN)
💰
+1.20%
Avg Gain (5MIN)
🚀
+6.60%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%
Avg Gain: +1.20%
Avg Winner: +3.26%
Avg Loser: -0.86%
Best: +5.75%
Worst: -2.15%
Trades: 3/3

15MIN

Win Rate: 33.3%
Avg Gain: +1.56%
Avg Winner: +6.68%
Avg Loser: -1.00%
Best: +11.21%
Worst: -1.72%
Trades: 2/4

30MIN

Win Rate: 50.0%
Avg Gain: +2.15%
Avg Winner: +6.94%
Avg Loser: -2.64%
Best: +16.72%
Worst: -4.40%
Trades: 3/3

60MIN

Win Rate: 50.0%
Avg Gain: +1.21%
Avg Winner: +6.52%
Avg Loser: -4.10%
Best: +14.40%
Worst: -8.33%
Trades: 3/3

EOD (End of Day)

Win Rate: 33.3%
Avg Gain: +0.03%
Avg Winner: +7.27%
Avg Loser: -3.59%
Best: +8.07%
Worst: -10.05%
Trades: 2/4

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +6.60%
Best MFE: +18.46%
Avg Time to MFE: 60 min

On average, RELY alerts reach +6.60% profit potential within 60 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -1.95%
Worst MAE: -6.27%
Avg Time to MAE: 3 min

Before reaching MFE, expect an average drawdown of 1.95%.

⚖️ Risk/Reward Ratio

3.38:1

Excellent risk/reward - potential gain is 3.38x the typical drawdown.

💡 Trading Insight: Based on 6 alerts, RELY typically reaches +6.60% profit before pulling back. Consider setting profit targets around 5.3% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 6
Gap Up % 50.0%
Avg Gap -0.33%
Best Gap +4.50%

🏭 Sector Comparison: SERVICES-BUSINESS SERVICES, NEC

How RELY compares to 59 other tickers in the same sector.

5-Min Gain
RELY: +1.20% Sector: -0.05% +1.25%
EOD Gain
RELY: +0.03% Sector: +1758.96% -1758.93%
Avg MFE
RELY: +6.60% Sector: +2.89% +3.71%

📋 Last 20 Alerts

Historical RELY alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-11-14 09:25:43 $20.25 -0.15% -1.63% -3.01% -2.49% -2.07% +0.25% +0.25% +0.20% LOSS
2024-05-02 09:28:27 $14.25 +3.65% +2.14% +2.67% +5.12% +8.07% +13.40% -4.56% -1.75% WIN
2024-02-22 09:27:08 $21.1 +0.38% -0.31% +1.42% -1.47% -1.09% +4.64% +0.38% +4.50% WIN
2023-11-02 09:26:00 $20.9 -2.15% -1.72% -4.40% -8.33% -10.05% +1.91% -6.27% -6.22% LOSS
2023-08-09 09:25:00 $22.73 -0.26% -0.35% -0.51% +0.04% -1.14% +0.92% -1.32% -0.09% LOSS
2023-08-03 09:27:00 $20.69 +5.75% +11.21% +16.72% +14.40% +6.48% +18.46% -0.19% +1.40% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 50.0% Baseline on RELY

The 50.0% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push RELY's performance to 75%+.

Optimize RELY Strategy →

Why Analyze RELY with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for RELY. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, RELY historically offers an average upside of +6.60% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 RELY Momentum Personality

With a baseline win rate of 50.0%, RELY shows neutral behavior, suggesting the need for additional volume confirmation.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show RELY performs best on the 5MIN timeframe (Avg Gain: +1.20%), signaling that gains often fade later in the session.