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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Legato Merger Corp. III Units, each consisting of one Ordinary Share and one-half of one warrant (AMEX:LEGT.U)
Countertrend Up (+85) - LEGT.U is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LEGT.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for LEGT.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LEGT.U
The long-term trend has been UP since Feb 15th, 2024 at 10.08
The intermediate-term trend has been UP since Feb 15th, 2024 at 10.08
The short-term trend has been DOWN since May 2nd, 2024 at 10.17
Smart Scan Analysis for LEGT.U
Based on our trend formula, LEGT.U is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.17 | 10.24 | 10.18 | 10.24 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.22 | 966 | 2024-05-06 15:54:41 |
| 52wk High | 11.89 | 52wk High Date | 2024-05-01 |
| 52wk Low | 10.05 | 52wk Low Date | 2024-02-06 |
| Average Volume | 7,366 |