RELY crosses below the key moving average level

In Monday’s trading, shares of Remitly Global Inc (Ticker: RELY) broke below their 200-day moving average of $10.26, changing hands as low as $10.20 per share. Shares of Remitly Global Inc are currently trading down around 5% on the day. The chart below shows the one-year performance of RELY stock, compared to its 200-day moving average:
Looking at the chart above, RELY’s low point in its 52-week range is $6.66 per share, with $25.88 as its 52-week high – compare with a last trade of 10.23 $.
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