TSX:CLF - Toronto Stock Exchange - CA46432E1007 - ETF - Currency: CAD
We assign a technical rating of 2 out of 10 to CLF. CLF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 support zone below the current price at 17.53, a Stop Loss order could be placed below this zone.
16.53
We found 2 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for CLF.CA is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLF.CA is neutral. |
ChartMill Relative Strength | 37.05 | NEUTRAL | CLF.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLF.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLF.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLF.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.58 | NEUTRAL | The RSI value for CLF.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CLF.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 42.59 | NEUTRAL | The Stochastics value for CLF.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for CLF.CA suggests low volalility. |
Average Directional Index/ADX (14) | 12.09 | NEGATIVE | The low ADX value for CLF.CA suggests a weak or negative trend. |
TSX:CLF (6/27/2025, 7:00:00 PM)
17.53
+0.01 (+0.06%)