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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.

Open High Low LEGO Price Change
9.99 10.00 9.85 10.00 0.00
Entry Signal

MarketClub’s Trade Triangles for LEGO

long term up The long-term trend has been UP since May 25th, 2021 at 9.900

intermediate term up The intermediate-term trend has been UP since May 25th, 2021 at 9.800

short term down 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).

Smart Scan Analysis for LEGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.99 10.00 9.85 10.00 0.00
Prev. Close Volume Bid Ask Time
10.00 274015 2021-06-21 15:59:11
52wk High10.0552wk High Date2021-06-09
52wk Low9.5452wk Low Date2021-03-25
Average Volume788,996Shares Outstanding30,307
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