Is CLF Worth Buying in 2026?

Cleveland-Cliffs Inc.

STOCK METAL MINING Updated 2026-08-23

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: Caution.

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Caution

Positives: above the 50-day MA (medium-term momentum positive); RSI 50 — healthy momentum range; strong 1-year return of +11.9%. Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-2.89% over 10 days). Currently 32.5% off its 52-week high. Score: +0/7.

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CLF is trading below its 200-day MA ($11.36) — a key warning sign the longer-term trend is under pressure. An RSI of 50.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +11.9% compares to +20.5% for SPY (trailed the market by 8.6%). The current 32.5% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $11,192 today
vs. S&P 500 (SPY) — same period trailed market by 8.6%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($11.36)
Above 50-day MA ($11.12)
RSI(14) neutral zone (30–70) — currently 50.5
Positive return (+11.9%)
!Within 10% of period high (−32.5%)
Period Range $11.27
$7.73 $16.70
RSI (14) 50.5
0 · OversoldOverbought · 100

Key Metrics

Price$11.27
Period Return+11.9%
Period High$16.70
Period Low$7.73
Drawdown−32.5%
MA-50$11.12
MA-200$11.36
RSI (14)50.5
Avg Volume (30d)23.3M
vs. SPYtrailed by 8.6%
Return Rank#471 of 999

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