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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for CLF
The long-term trend has been DOWN since Apr 30th, 2024 at 17.46
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 15.09
The short-term trend has been DOWN since Jul 24th, 2024 at 14.97
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.35 | 15.59 | 15.12 | 15.48 | +0.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.26 | 6299519 | 2024-07-26 15:59:45 |
| Year High | 13.1 | Year High Date | 2018-09-26 |
| Year Low | 6.3 | Year Low Date | 2018-02-09 |
| 52wk High | 22.97 | 52wk High Date | 2024-04-04 |
| 52wk Low | 13.84 | 52wk Low Date | 2023-09-18 |
| Year End Close | 38.57 | Average Volume | 9,645,010 |
| Shares Outstanding | 475,476 | Short Interest | 26,662,478 |
| % Institutional | 85.7 | Market Cap | 2,222M |
| Assets | 169,280,000M | Liabilities | 981,800,000M |
| P/E Ratio | 20.3467 | Beta | 2.28 |
| Volatility | 62.66 |