LEGT Legato Merger Corp. III

Shell Companies NYSE American

$10.68 0.00 (0.00%)
update: 2025-07-01
Prev Close $10.68
Market Cap $273.21M
Day Range $10.67 - $10.70
Open $10.67
P/E Ratio 33.15
52W Change 4.85%
24H Volume 8.7K
Dividend Yield %
EPS
DAY WEEK PRICE LEVEL

Trading Signals

Overall Signal

BUY

Strong buyish signal based on multiple indicators.

Confidence: 59%
Updated: 2025-07-01

Key Price Levels

Support Levels

  • Strong Support $10.63
  • Medium Support $10.65
  • Weak Support $10.66

Resistance Levels

  • Weak Resistance $10.7
  • Medium Resistance $10.71
  • Strong Resistance $10.73

Stop Loss Suggestions

  • Conservative $10.53
  • Moderate $10.66
  • Aggressive $10.64

Signal Indicator

Indicator Signal Strength Timeframe
Moving Averages BUY
Short & Medium Term
Oscillators BUY
Short Term
Trend Indicators NEUTRAL
Medium Term
Volume Indicators NEUTRAL
Short & Medium Term
Support/Resistance NEUTRAL
Short Term
Data Source: Consolidated ratings from various investment bank analysts. Ratings may change over time.

Stock Price Prediction Price Target Probabilities

Quarterly Outlook

LEGT Quarterly Outlook
2025-07-01

Bullish Scenario

Probability 33.95%
from current 1.12%
Prediction $11

Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (88.24) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (76.60) is in the overbought zone, suggesting potential for price correction. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 0.06, indicating the average weekly price range.

LEGT Quarterly Outlook
2025-07-01

Base Scenario

Probability 47.83%
from current 0.15%
Prediction $11

Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (88.24) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (76.60) is in the overbought zone, suggesting potential for price correction. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 0.06, indicating the average weekly price range.

LEGT Quarterly Outlook
2025-07-01

Bearish Scenario

Probability 18.22%
from current -1.12%
Prediction $11

Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (88.24) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (76.60) is in the overbought zone, suggesting potential for price correction. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 0.06, indicating the average weekly price range.

Annual Outlook

LEGT Annual Outlook
2025-07-01

Bullish Scenario

Probability 33.95%
from current 2.25%
Prediction $11

Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (88.24) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (76.60) is in the overbought zone, suggesting potential for price correction. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 0.06, indicating the average weekly price range.

LEGT Annual Outlook
2025-07-01

Base Scenario

Probability 47.83%
from current 0.31%
Prediction $11

Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (88.24) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (76.60) is in the overbought zone, suggesting potential for price correction. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 0.06, indicating the average weekly price range.

LEGT Annual Outlook
2025-07-01

Bearish Scenario

Probability 18.22%
from current -2.25%
Prediction $10

Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (88.24) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (76.60) is in the overbought zone, suggesting potential for price correction. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 0.06, indicating the average weekly price range.

Technical Analysis

Trend Identification

EMA

Exponential Moving Average

BUY
EMA(20) 10.65
EMA(55) 10.6
EMA(100) 10.52

Current price (10.68) is above both Short MA (10.65) and Long MA (10.60). This indicates strong bullish momentum. Short MA (10.65) is above Long MA (10.60), a bullish crossover ('Golden Cross' if it's a significant period). This indicates an upward trend. All MAs are in bullish order (Price > Short MA > Long MA > Very Long MA 10.52). This is a strong bullish alignment. Consider long positions. Use the MAs as dynamic support levels.

MACD

Moving Average Convergence Divergence

NEUTRAL
MACD Line(12) 0.02
Signal Line(26) 0.02
Histogram(9) 0

MACD line is crossing the Signal line. This is a crucial point, signaling a potential trend change. Monitor closely. Both MACD and Signal lines are above the zero line, reinforcing bullish momentum (bullish territory).

ADX

Average Directional Index

NEUTRAL
ADX(14) 18.28
+DI 36.92
-DI 19.66

ADX (18.28) indicates a weak or non-existent trend (ranging market). +DI (36.92) is above -DI (19.66), suggesting a bullish directional bias. Avoid trend-following strategies. Consider range-bound or reversal strategies, or wait for a clearer trend to develop.

Momentum Measurement

RSI

Relative Strength Index

BUY
Current RSI(14) 64.54
Oversold Neutral Overbought

RSI (64.54) is in the bullish territory, but not yet overbought. This indicates upward momentum. Monitor for continuation or signs of weakness.

OBV

On-Balance Volume

Rising
OBV Trend Upward
OBV vs Price Confirming

OBV (2606700.00) is flat, indicating indecision or a balanced market. Price is relatively stable. OBV movement will indicate hidden accumulation/distribution.

Stochastic

Stochastic Oscillator

SELL
%K Line 80
%D Line 93.33

Stochastics (%K: 80.00, %D: 93.33) are in the neutral zone (between 20 and 80). A bearish crossover (%K below %D) is observed, potentially signaling a downward trend reversal or continuation. Stronger signal if this occurs above 50.

CCI

Commodity Channel Index

BUY
CCI(20) 89.97

CCI (89.97) is between 0 and +100. This indicates bullish momentum is present, but not yet extreme. A move above 0 from negative territory (bullish zero-line cross) can indicate a potential buy signal.

Volatility Measurement

ATR

Average True Range

0.02
ATR(14) 0.02
ATR % of Price ...%

Current ATR is 0.0200. ATR indicates average volatility. Market conditions are relatively stable.

Bollinger Bands

Volatility Bands

BUY
Upper Band 10.7
Middle Band (MA20) 10.65
Lower Band 10.59
Band Width 1%

Current price (10.68) is within the Bollinger Bands (10.59 - 10.70). This suggests the price is trading within its typical volatility range. Price is above the Middle Band (10.65), indicating short-term bullish bias. Bollinger Bands are very narrow. This indicates low volatility and could precede a significant price move (a 'squeeze'). Prepare for a breakout. Trade breakouts with confirmation from volume or other momentum indicators.

Risk Management & Potential Reversals

SAR

Parabolic Stop and Reverse

BUY
Current SAR 10.53
Distance from Price 1.40%

SAR points below price indicate bullish trend. Current SAR at 10.53 is 1.40% from price. Consider SAR as a potential stop-loss level to protect gains in an uptrend.

Stochastic

Overbought

Approaching Overbought
Stochastic Position 80.0
Crossover Status Bearish

Stochastic is in overbought territory (80.0). Monitor for potential bearish crossover or movement below 80, which could signal a reversal. Current crossover status: Bearish.

RSI

Reversal Perspective

No Divergence
RSI Divergence None
Overbought/Oversold Neither

Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.

Bollinger Bands

Reversal Perspective

Bullish Bias
Band Position Upper Half
Band Squeeze Squeeze Detected

Bollinger Bands are narrowing, indicating low volatility and a potential 'squeeze'. This often precedes a significant price move.Price is in the upper half of the bands, suggesting a bullish bias.

Holder List (Top 20)

Holder Name Holder Type Shares Pct. Held Date Reported
Karpus Management, Inc. INSTITUTIONAL 3837341 14.87% 2025-03-31
First Trust Capital Management L.P. INSTITUTIONAL 1801191 6.98% 2025-03-31
INVESTMENT MANAGERS SERIES TRUST II-First Trust Merger Arbitrage Fund MUTUALFUND 1608549 6.23% 2025-03-31
Schechter Investment Advisors, LLC INSTITUTIONAL 1407134 5.45% 2025-03-31
AQR Arbitrage LLC INSTITUTIONAL 1399892 5.43% 2025-03-31
Shaw D.E. & Co., Inc. INSTITUTIONAL 996187 3.86% 2025-03-31
Rivernorth Capital Management, LLC INSTITUTIONAL 784752 3.04% 2025-03-31
Hudson Bay Capital Management Lp INSTITUTIONAL 650000 2.52% 2025-03-31
Moore Capital Management, LP INSTITUTIONAL 550000 2.13% 2025-03-31
Deutsche Bank Aktiengesellschaft INSTITUTIONAL 493000 1.91% 2025-03-31
Linden Advisors LP INSTITUTIONAL 450000 1.74% 2025-03-31
Merger Fund-The Merger Fund MUTUALFUND 358094 1.39% 2025-03-31
INVESTMENT MANAGERS SERIES TRUST II-First Trust Multi-Strategy Fund MUTUALFUND 192642 0.75% 2025-03-31
TRT for Professional Managers-CrossingBridge Low Duration High Income MUTUALFUND 178600 0.69% 2025-03-31
First Trust Alternative Opportunities Fund MUTUALFUND 117246 0.45% 2025-03-31
Listed Funds Trust-Horizon Kinetics SPAC Active ETF MUTUALFUND 75493 0.29% 2025-03-31
RIVERNORTH OPPORTUNITIES FUND INC. MUTUALFUND 66874 0.26% 2025-03-31
Brinker Capital Destinations TRT-Destinations Low Duration Fixed Incom MUTUALFUND 46400 0.18% 2025-02-28
High Income Securities Fund MUTUALFUND 40196 0.16% 2025-02-28
JNL Series Trust-JNL Multi-Manager Alternative Fund MUTUALFUND 20643 0.08% 2025-03-31