LEGATO MERGER CORP III (LEGT) Stock Technical Analysis
USA - NYSEARCA:LEGT - KYG5451A1031 - Common Stock
We assign a technical rating of 5 out of 10 to LEGT. LEGT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
LEGT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.58 to 10.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @10.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.90 to 10.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LEGT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEGT is neutral. |
| ChartMill Relative Strength | 49.74 | NEUTRAL | LEGT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEGT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.03 | NEUTRAL | The RSI value for LEGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LEGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.01 | NEUTRAL | The Stochastics value for LEGT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for LEGT suggests low volalility. |
| Average Directional Index/ADX (14) | 32.29 | POSITIVE | The high ADX value value for LEGT suggests a strong trend. |
NYSEARCA:LEGT (10/29/2025, 8:04:03 PM)
10.86
+0.01 (+0.09%)
LEGATO MERGER CORP III / LEGT FAQ
Can you provide the ChartMill technical rating for LEGATO MERGER CORP III?
ChartMill assigns a technical rating of 5 / 10 to LEGT.
What is the current trend direction of LEGATO MERGER CORP III (LEGT) stock?
The current trend direction for LEGATO MERGER CORP III (LEGT) is Bearish.
What is the RSI signal for LEGT stock?
LEGATO MERGER CORP III (LEGT) has an RSI value of 57.0303. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for LEGATO MERGER CORP III?
LEGATO MERGER CORP III (LEGT) has a support level at 10.85 and a resistance level at 10.9. Check the full technical report for our detailed analysis of LEGT support and resistance levels.