Technical Analysis for LEGOU - Legato Merger Corp. - Units

Grade Last Price % Change Price Change
F 10.26 0.00% 0.00
LEGOU closed unchanged on Friday, February 26, 2021, on 1.13 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down
Historical LEGOU trend table...

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Narrow Range Bar Range Contraction -1.63%
Inside Day Range Contraction -1.63%
Fell Below 20 DMA Bearish -1.54%
Older End-of-Day Signals for LEGOU ...

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Profile

Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mergers And Acquisitions Special Purpose Acquisition Company Human Resource Management Corporations Chase Bank

Is LEGOU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 10.75
52 Week Low 10.15
Average Volume 337,035
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 10.49
10-Day Moving Average 10.48
Average True Range 0.16
ADX 22.04
+DI 17.86
-DI 25.99
Chandelier Exit (Long, 3 ATRs ) 10.26
Chandelier Exit (Short, 3 ATRs ) 10.66
Upper Bollinger Band 10.69
Lower Bollinger Band 10.28
Percent B (%b) -0.04
BandWidth 3.97
MACD Line -0.01
MACD Signal Line 0.03
MACD Histogram -0.0338
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.50
Resistance 3 (R3) 10.51 10.44 10.46
Resistance 2 (R2) 10.44 10.38 10.44 10.45
Resistance 1 (R1) 10.35 10.34 10.32 10.34 10.43
Pivot Point 10.28 10.28 10.26 10.28 10.28
Support 1 (S1) 10.19 10.22 10.16 10.18 10.09
Support 2 (S2) 10.12 10.18 10.12 10.07
Support 3 (S3) 10.03 10.12 10.06
Support 4 (S4) 10.02