Cleveland Cliffs Stock Momentum Indicators Average Directional Movement Index

CLF Stock  USD 17.60  0.32  1.85%   
Cleveland Cliffs momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Cleveland Cliffs. Cleveland Cliffs value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Cleveland Cliffs are pattern recognition functions that provide distinct formation on Cleveland Cliffs potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourty-seven with a total number of output elements of fourteen. The average directional index (ADX) measures the strength of a prevailing trend of Cleveland Cliffs and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Cleveland Cliffs ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Cleveland Cliffs Technical Analysis Modules

Most technical analysis of Cleveland Cliffs help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cleveland from various momentum indicators to cycle indicators. When you analyze Cleveland charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cleveland Cliffs Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cleveland Cliffs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cleveland Cliffs based on widely used predictive technical indicators. In general, we focus on analyzing Cleveland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cleveland Cliffs's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cleveland Cliffs's intrinsic value. In addition to deriving basic predictive indicators for Cleveland Cliffs, we also check how macroeconomic factors affect Cleveland Cliffs price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.0066870.006353
Price To Sales Ratio0.470.45
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cleveland Cliffs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
14.8817.2819.68
Details
Intrinsic
Valuation
LowRealHigh
13.1615.5617.96
Details
Naive
Forecast
LowNextHigh
13.9116.3218.72
Details
10 Analysts
Consensus
LowTargetHigh
16.9418.6220.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cleveland Cliffs. Your research has to be compared to or analyzed against Cleveland Cliffs' peers to derive any actionable benefits. When done correctly, Cleveland Cliffs' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cleveland Cliffs.

Cleveland Cliffs Implied Volatility

    
  64.15  
Cleveland Cliffs' implied volatility exposes the market's sentiment of Cleveland Cliffs stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cleveland Cliffs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cleveland Cliffs stock will not fluctuate a lot when Cleveland Cliffs' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cleveland Cliffs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cleveland Cliffs' short interest history, or implied volatility extrapolated from Cleveland Cliffs options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Non-Metallic and Industrial Metal Mining Idea
Non-Metallic and Industrial Metal Mining
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Marketing Idea
Marketing
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested few shares
Theme ETFs Idea
Theme ETFs
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
When determining whether Cleveland Cliffs is a strong investment it is important to analyze Cleveland Cliffs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cleveland Cliffs' future performance. For an informed investment choice regarding Cleveland Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleveland Cliffs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Cleveland Stock analysis

When running Cleveland Cliffs' price analysis, check to measure Cleveland Cliffs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cleveland Cliffs is operating at the current time. Most of Cleveland Cliffs' value examination focuses on studying past and present price action to predict the probability of Cleveland Cliffs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleveland Cliffs' price. Additionally, you may evaluate how the addition of Cleveland Cliffs to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Cleveland Cliffs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.792
Earnings Share
0.75
Revenue Per Share
43.431
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0392
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.