Stock Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Legato Merger Corp. (NASDAQ:LEGO)
Countertrend Up (+85) - LEGO 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 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 9.900
The intermediate-term trend has been UP since May 25th, 2021 at 9.800
The short-term trend has been DOWN since Jun 15th, 2021 at 9.959
Smart Scan Analysis for LEGO
Based on our trend formula, LEGO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.05||52wk High Date||2021-06-09|
|52wk Low||9.54||52wk Low Date||2021-03-25|
|Average Volume||788,996||Shares Outstanding||30,307|