One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Cleveland-Cliffs stock just hit that mark, with a jump from 77 to 85 Thursday. Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they begin their biggest runs.
The transformed steelmaker rose on the back of soaring steel prices amid a global shortage last year.
CLEVELAND, January 11, 2022--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its fourth-quarter and full-year 2021 earnings results before the U.S. market open on Friday, February 11, 2022.