CLF Cleveland-Cliffs Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
Above the channel · 9-month channel rising
Closed above resistance (US$13.51). The fitted trend may no longer apply.
- 9-month channel
- US$11.45 – US$13.51 · rising, +51% a year
- Price in channel
- 136% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$11.45
- Published levels
- Buy and target are not from this channel — see below.
Price history, with the path projected 3 months forward
Updated 1:46 PM ET (70 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: price has closed 4.6% clear above the channel, so the fitted lines no longer describe where it is Levels below are for reference only.
Buy at or below
US$11.46
level as at 1 Nov 2026
Our target
US$13.93
by 2 Nov 2026
Projected move
21.6%
gross, before costs
Price is at or past our target.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 63%
- Fitted
- 1 Nov 2026
Company information
About Cleveland-Cliffs Inc.
Cleveland-Cliffs Inc. stands as a prominent North American manufacturer specializing in flat-rolled steel. The company's diverse product portfolio encompasses a wide array of carbon steel forms, including hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel. Additionally, they supply stainless steel, various steel plates, and specialized electrical steels (both grain-oriented and non-oriented). Beyond these core offerings, Cleveland-Cliffs produces tubular components, fabricated from carbon steel, stainless steel, and via electric resistance welding. Their tinplate division manufactures electrolytic tin-coated and chrome-coated sheets, alongside other tin mill products. The company also provides essential raw materials, ingots, rolled and cast blooms, hot-briquetted iron, and services like tooling and sampling. A key aspect of its operations is vertical integration, as the company owns and manages five iron ore mines located in Minnesota and Michigan. Cleveland-Cliffs serves a broad customer base, including the automotive industry, infrastructure and general manufacturing sectors, distributors, converters, and other steel producers. Founded in 1847, the company is headquartered in Cleveland, Ohio, and officially adopted the name Cleveland-Cliffs Inc. in August 2017, having previously been known as Cliffs Natural Resources Inc.
- Sector
- Basic Materials
- Industry
- Steel
- CEO
- C. Lourenco Goncalves
- Employees
- 25,000
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$8.04B
- Enterprise value
- —
- Beta
- 2.09
- Avg volume
- 18.88M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 7.73-16.7
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.