CLEVELAND-CLIFFS INC (CLF) Stock Technical Analysis
NYSE:CLF - New York Stock Exchange, Inc. - US1858991011 - Common Stock - Currency: USD
Overall CLF gets a technical rating of 1 out of 10. CLF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CLF is a bad performer in the overall market: 93% of all stocks are doing better.
CLF is part of the Metals & Mining industry. There are 152 other stocks in this industry, of which 91% are performing better than CLF.
CLF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CLF has a been trading in the 9.12 - 10.61 range, which is quite wide. It is currently trading near the high of this range.
CLF has an average volume of 14029900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, CLF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.13, a Stop Loss order could be placed below this zone.
More info and screens
9.14
14.19
We found 2 important support areas.
- A support zone ranging from 9.91 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.23 to 9.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.50 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.55 from a trend line in the weekly time frame.
- Resistance @12.12 from a trend line in the daily time frame.
- Resistance @14.05 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.45
Mansfield-3.71
10 Day High10.56
10 Day Low9.68
20 Day High10.61
20 Day Low9.12
52 Week High22.97
52 Week Low8.99
Performance
1 Week5.43%
2 Weeks2.44%
1 Month12.8%
3 Month-20.95%
6 Month-24.8%
12 Month-48.43%
2 Year-50.87%
3 Year-38.8%
5 Year49.43%
10 Year63.4%
15 Year-73.74%
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)0.1
RSI(14)55.05
LBB9.7
UBB10.6
CLEVELAND-CLIFFS INC
NYSE:CLF (1/30/2025, 8:14:59 PM)
After market: 10.5499 +0.06 (+0.57%)10.49
+0.24 (+2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.34%
1 Week5.43%
2 Weeks2.44%
1 Month12.8%
3 Month-20.95%
6 Month-24.8%
12 Month-48.43%
2 Year-50.87%
3 Year-38.8%
5 Year49.43%
10 Year63.4%
15 Year-73.74%
Volatility
ATR(14)0.42
ATR(20)%4.31%
ATR Inc-15.8%
Range Today0.33
ADR(20)0.44
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.45
Mansfield-3.71
10 Day High10.56
10 Day Low9.68
20 Day High10.61
20 Day Low9.12
52 Week High22.97
52 Week Low8.99
CS1 End10.13
CR1 Start10.5
Volume & EV
DER(3)1.99%
DER(5)0.17%
Volume10.19M
Volume Incr-26.72%
Vol(5)9.58M
Vol(50)14.03M