Cleveland-Cliffs Inc.
Here’s whether Cleveland-Cliffs Inc. (CLF) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+10.53% over 10 days); strong 1-year return of +90.6%; 3-month momentum positive (+41.7%); rising volume confirms the move (1.21x 30d avg). Concerns: RSI 72 — overbought, elevated pullback risk. Currently 19.0% off its 52-week high. Score: +6/7.
CLF is in a confirmed uptrend, trading above both its 50-day ($10.49) and 200-day ($11.62) moving averages. With an RSI of 72.1, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +90.6% compares to +24.4% for SPY (beat the market by 66.2%).