Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Legato Merger Corp. - Common stock (NASDAQ:LEGO)
Long-Term Uptrend (+90) - LEGO is in a strong uptrend that is likely to continue. While LEGO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LEGO?
MarketClub looks at technical strength and momentum to determine if the timing is right for LEGO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LEGO
The long-term trend has been UP since May 25th, 2021 at 9.90
The intermediate-term trend has been UP since Oct 11th, 2021 at 10.99
The short-term trend has been UP since Oct 8th, 2021 at 10.75
Smart Scan Analysis for LEGO
Based on our trend formula, LEGO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.9302||52wk High Date||2021-10-18|
|52wk Low||9.54||52wk Low Date||2021-03-25|
|Average Volume||478,434||Shares Outstanding||30,307|