CLEVELAND-CLIFFS INC (CLF)

US1858991011 - Common Stock

14.4942  -0.42 (-2.79%)

Technical Rating and Analysis

0

Taking everything into account, CLF scores 0 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CLF is a bad performer in the overall market: 81% of all stocks are doing better.
CLF is one of the lesser performing stocks in the Metals & Mining industry. 70% of 156 stocks in the same industry do better.
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 14.47 - 17.86 range, which is quite wide. It is currently trading near the lows of this range.
CLF has an average volume of 8521680 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

1

The technical rating of CLF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

14.09

23.02

We found 1 important support area.

  • Support @14.23 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 14.85 to 14.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 15.72 to 15.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @16.73 from a trend 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
CRS19.11
Mansfield-2.61
10 Day High17.41
10 Day Low14.47
20 Day High17.86
20 Day Low14.47
52 Week High22.97
52 Week Low13.84
Performance
1 Week-5.63%
2 Weeks-13.72%
1 Month-15.62%
3 Month-24.54%
6 Month-20.27%
12 Month-9.47%
2 Year-2.99%
3 Year-30.84%
5 Year39.74%
10 Year-0.93%
15 Year-39.07%
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)-0.11
RSI(14)21.88
LBB14.42
UBB17.73
CLF Daily chart

CLEVELAND-CLIFFS INC

NYSE:CLF (6/17/2024, 11:04:08 AM)

14.4942

-0.42 (-2.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.79%
1 Week-5.63%
2 Weeks-13.72%
1 Month-15.62%
3 Month-24.54%
6 Month-20.27%
12 Month-9.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.45
ATR(20)%3.06%
ATR Inc
Range Today0.47
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 High17.41
10 Day Low14.47
20 Day High17.86
20 Day Low14.47
52 Week High22.97
52 Week Low13.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.93M
Volume Incr72.35%
Vol(5)11.40M
Vol(50)8.52M