Technical Analysis for CLF - Cliffs Natural Resources Inc

Grade Last Price % Change Price Change
D 18.18 -0.27% -0.05
CLF closed down 0.49 percent on Thursday, April 25, 2024, on 1.72 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
200 DMA Support Bullish -0.27%
Calm After Storm Range Contraction -0.27%
Lower Bollinger Band Walk Weakness -0.27%
Below Lower BB Weakness -0.27%
Down 3 Days in a Row Weakness -0.27%
Gapped Down Weakness -0.27%
Oversold Stochastic Weakness -0.27%
Calm After Storm Range Contraction -0.76%
Lower Bollinger Band Walk Weakness -0.76%
Below Lower BB Weakness -0.76%

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Profile

Cliffs Natural Resources Inc Description

Cliffs Natural Resources Inc., a mining and natural resources company, engages in the production of iron ore pellets, fines and lump ore, and metallurgical coal. It operates five iron ore mines located in Michigan and Minnesota; five metallurgical coal mines located in West Virginia and Alabama; and one thermal coal mine located in West Virginia. The company also operates two iron ore mines in eastern Canada that primarily provide iron ore to steel producers in Asia; and two iron ore mining complexes in Western Australia. In addition, it holds a 45% economic interest in a coking and thermal coal mine located in Queensland, Australia; 30% interest in Amapá, an iron ore project in Brazil; and interest in a chromite project in Ontario, Canada. The company, formerly known as Cleveland-Cliffs Inc, was founded in 1847 and is headquartered in Cleveland, Ohio.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Natural Resources Coal Pellet Metallurgical Coal Thermal Coal Steel Producer Iron Ore

Is CLF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.97
52 Week Low 13.61
Average Volume 8,326,501
200-Day Moving Average 17.89
50-Day Moving Average 20.85
20-Day Moving Average 21.34
10-Day Moving Average 20.27
Average True Range 0.74
RSI (14) 24.81
ADX 24.08
+DI 15.05
-DI 43.91
Chandelier Exit (Long, 3 ATRs) 20.74
Chandelier Exit (Short, 3 ATRs) 19.95
Upper Bollinger Bands 24.16
Lower Bollinger Band 18.52
Percent B (%b) -0.05
BandWidth 26.41
MACD Line -0.58
MACD Signal Line -0.10
MACD Histogram -0.4738
Fundamentals Value
Market Cap 9.08 Billion
Num Shares 498 Million
EPS 0.78
Price-to-Earnings (P/E) Ratio 23.37
Price-to-Sales 0.45
Price-to-Book 1.26
PEG Ratio -0.22
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.27
Resistance 3 (R3) 19.21 18.81 19.09
Resistance 2 (R2) 18.81 18.55 18.84 19.03
Resistance 1 (R1) 18.52 18.38 18.67 18.58 18.98
Pivot Point 18.12 18.12 18.19 18.15 18.12
Support 1 (S1) 17.83 17.86 17.98 17.89 17.48
Support 2 (S2) 17.43 17.69 17.46 17.43
Support 3 (S3) 17.14 17.43 17.37
Support 4 (S4) 17.20