As of May 27, 2026, CLF (Cleveland-Cliffs Inc.) is in a bottoming attempt state on the weekly chart, with a confidence level of 63%. Key support is at $10.8 and key resistance at $13.1. Weekly rebound from the ~$8 area; now ~$12.94 pushing back above the short-term cluster (EMA50/SMA50) but still below longer-term downtrend MAs (EMA200/SMA200).
Bullish continuation of the base: price holds above ~$11 and grinds higher into the EMA200/SMA200 band; a breakout could trigger a squeeze toward the mid-$14s.
Failed reclaim: rejection at ~$13 and rollover back into the prior range; a break under ~$10.8 risks a retest of the ~$9s and possibly the ~$8 base.
2+ weekly closes above $13.10 (EMA200) would confirm a breakout-reversal attempt
Weekly close below $10.80 (recent swing low/EMA20 zone) would invalidate the base attempt and reopen downside risk
Start on pullbacks while above EMA50/SMA50; add on a controlled retest of the ~$10.8 swing-low reference; heavy add only near the prior capitulation/base area if broader trend remains weak.
Trim into the SMA200/overhead supply first; heavier trims into the next major resistance band from prior breakdown; full close near the prior cycle highs area where upside becomes structurally stretched.
As of May 27, 2026, CLF (Cleveland-Cliffs Inc.) is in a bottoming attempt state on the weekly chart with 63% confidence. Weekly rebound from the ~$8 area; now ~$12.94 pushing back above the short-term cluster (EMA50/SMA50) but still below longer-term downtrend MAs (EMA200/SMA200).
On the weekly timeframe, CLF has key support at $10.8 and key resistance at $13.1. The most likely scenario (bullish) targets $13.1 and $14.2, with a revert level at $11.8.
CLF (Cleveland-Cliffs Inc.) is currently classified as bottoming attempt on the weekly chart, with 63% confidence. Confirmation requires: 2+ weekly closes above $13.10 (EMA200) would confirm a breakout-reversal attempt This would be invalidated by: Weekly close below $10.80 (recent swing low/EMA20 zone) would invalidate the base attempt and reopen downside risk
The most likely scenario (bullish) targets $13.1 and $14.2, with a revert level at $11.8. The alternative scenario (bearish) targets $10.8 and $9.00.
Multi-layer AI agents analyse 200+ stocks across daily, weekly, and monthly timeframes — producing market state classifications, price scenarios with targets, and position entry/exit levels. Daily charts updated every trading day at 6 PM ET. Weekly charts refresh Fridays. Monthly charts refresh on the last trading day of each month. No paywall. No sign-up required.
Built by Foliotrail.
All content on this website — including charts, analysis, price targets, support/resistance levels, and position zones — is generated entirely by AI and provided for educational and informational purposes only.
This is not financial advice. NEXUSNOIR VENTURES SL (the operator of this website) is not a registered investment adviser or broker-dealer. You should not make investment decisions based solely on this information. Always do your own research and consult a qualified financial advisor.
By continuing, you acknowledge that you have read and agree to our full disclaimer & terms of use and privacy policy.
