CLEVELAND-CLIFFS INC (CLF)

US1858991011 - Common Stock

11.88  +0.22 (+1.89%)

Premarket: 11.96 +0.08 (+0.67%)

Technical Rating and Analysis

1

Taking everything into account, CLF scores 1 out of 10 in our technical rating. CLF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CLF is a bad performer in the overall market: 86% of all stocks are doing better.
CLF is one of the lesser performing stocks in the Metals & Mining industry. 82% of 157 stocks in the same industry do better.
CLF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CLF has a been trading in the 10.96 - 14.34 range, which is quite wide. It is currently trading near the lows of this range.
CLF has an average volume of 13002900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CLF Weekly chart
CLF Daily chart
Setup Rating and Analysis

4

CLF has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

10.79

23.02

We found 1 important support area.

  • A support zone ranging from 10.90 to 11.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 11.89 to 11.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 12.42 to 12.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 13.14 to 13.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @14.05 from a horizontal line in the daily time frame.
  • Resistance @22.79 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.05
Mansfield-3.73
10 Day High13.18
10 Day Low10.96
20 Day High14.34
20 Day Low10.96
52 Week High22.97
52 Week Low10.21
Performance
1 Week3.66%
2 Weeks-10.94%
1 Month-10.68%
3 Month-10.47%
6 Month-29.75%
12 Month-29.2%
2 Year-23.26%
3 Year-41.62%
5 Year48.69%
10 Year30.26%
15 Year-73.04%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)45.21
LBB10.46
UBB13.83
CLF Daily chart

CLEVELAND-CLIFFS INC

NYSE:CLF (11/21/2024, 8:19:51 PM)

Premarket: 11.96 +0.08 (+0.67%)

11.88

+0.22 (+1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.89%
1 Week3.66%
2 Weeks-10.94%
1 Month-10.68%
3 Month-10.47%
6 Month-29.75%
12 Month-29.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.78
ATR(20)%5.88%
ATR Inc
Range Today0.55
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.18
10 Day Low10.96
20 Day High14.34
20 Day Low10.96
52 Week High22.97
52 Week Low10.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.33M
Volume Incr-13.34%
Vol(5)12.61M
Vol(50)13.00M