
Technical analysis of Cleveland-Cliffs Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Cleveland-Cliffs Inc. is a steel producer operating in the United States and Canada, specializing in hot-rolled and cold-rolled products, coated steel, stainless and electrical products, as well as stamped components and tubing. The company also operates in the mining sector with iron ore extraction, pellet production, direct reduced iron manufacturing, and ferrous scrap processing. It serves customers in the automotive, infrastructure, manufacturing, and steel distribution sectors.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
12.29 $
+11.04%
50 sessions
12.07 $
+13.09%
200 sessions
11.34 $
+20.39%
s2
12.23
Support
s1
13.17
Support
pivot
13.87
Pivot
r1
14.81
Resistance
r2
15.51
Resistance
In the October 20, 2026 session Cleveland-Cliffs Inc. closed lower at 13.65 $, −3.19% versus the previous session.
The price sits above every moving average observed: +11.04% against the 21-session average, +13.09% against the 50 and +20.39% against the 200.
The 14-period RSI reads 61.6, in neutral territory.
MACD stands at 0.344 against a signal line at 0.193: the histogram is positive (+0.151).
ADX reads 20.4, indicating weak directionality.
Levels computed on the latest session place supports at 13.17 and 12.23 $ and resistances at 14.81 and 15.51 $, around a pivot of 13.87.
The average daily range (ATR) is 0.830 $, or 6.08% of price.
Turnover was 43.4M shares, 190% of the 20-session average.
Over the last twelve months the price ranged between 8.84 and 15.06 $, and today stands −9.36% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Cleveland-Cliffs Inc. analysed technically?
Technical analysis of Cleveland-Cliffs Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Cleveland-Cliffs Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Cleveland-Cliffs Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Cleveland-Cliffs Inc. it helps frame the technical structure of the historical chart and is not a forecast.
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