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Stock Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Cleveland-Cliffs Inc. (NYSE:CLF)

Long-Term Downtrend (-90) - CLF is in a strong downtrend that is likely to continue. While CLF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CLF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CLF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CLF
Open High Low CLF Price Change
15.04 15.05 14.60 14.86 -0.21
Entry Signal

MarketClub’s Trade Triangles for CLF

long term down The long-term trend has been DOWN since Apr 30th, 2024 at 17.46

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 21.36

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 16.67

Smart Scan Analysis for CLF

Based on our trend formula, CLF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.04 15.05 14.60 14.86 -0.21
Prev. Close Volume Bid Ask Time
15.07 9903947 2024-06-13 15:59:50
Year High13.1Year High Date2018-09-26
Year Low6.3Year Low Date2018-02-09
52wk High22.9752wk High Date2024-04-04
52wk Low13.8452wk Low Date2023-09-18
Year End Close38.57Average Volume7,431,661
Shares Outstanding475,476Short Interest26,662,478
% Institutional85.7Market Cap2,222M
Assets172,360,000MLiabilities100,350,000M
P/E Ratio20.0933Beta2.28
Volatility62.66
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