Cleveland-cliffs Stock Forecast

Buy candidate since Jul 24, 2026

The Cleveland-Cliffs stock price gained 8.85% on the last trading day (Friday, 24th Jul 2026), rising from $10.96 to $11.93. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 9.29% from a day low at $11.03 to a day high of $12.06. The price has risen in 7 of the last 10 days and is up by 26.91% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 70 million shares were bought and sold for approximately $833.34 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.84% during the next 3 months and, with a 90% probability hold a price between $8.11 and $12.72 at the end of this 3-month period.

CLF Signals & Forecast

Mostly positive signals in the chart today. The Cleveland-Cliffs stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $9.91 and $10.97. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, July 20, 2026, and so far it has risen 32.85%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Cleveland-Cliffs stock

On the downside, the stock finds support just below today's level from accumulated volume at $10.96 and $10.61. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Cleveland-Cliffs finds support just below today's level at $10.96. If this is broken, then the next support from accumulated volume will be at $10.61 and $9.40.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.03 between high and low, or 9.29%. For the last week, the stock has had daily average volatility of 6.33%.

Our recommended stop-loss: $11.51 (-3.54%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (CLF) For The Upcoming Trading Day Of Monday 27th

For the upcoming trading day on Monday, 27th we expect Cleveland-Cliffs Inc. to open at $11.67, and during the day (based on 14 day Average True Range), to move between $11.59 and $12.27, which gives a possible trading interval of +/-$0.672 (+/-5.79%) up or down from last closing price. If Cleveland-Cliffs Inc. takes out the full calculated possible swing range there will be an estimated 5.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.28 (2.93%) than the support at $10.96 (8.13%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Cleveland-Cliffs Inc. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.

Current score: 4.052 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 27, 2026 - $11.67 ( 2.17%).

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