CLF Makes Bullish Cross Above Critical Moving Average

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In trading on Wednesday, shares of Cliffs Natural Resources, Inc. (Symbol: CLF) crossed above their 200 day moving average of $21.76, changing hands as high as $22.95 per share. Cliffs Natural Resources, Inc. shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of CLF shares, versus its 200 day moving average: Cliffs Natural Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, CLF's low point in its 52 week range is $15.41 per share, with $36.90 as the 52 week high point - that compares with a last trade of $21.92.

According to the ETF Finder at ETF Channel, CLF makes up 2.87% of the SPDR S&P Metals and Mining ETF (Symbol: XME) which is trading higher by about 0.9% on the day Wednesday.

Click here to find out which 9 other metals stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Commodities

Referenced Stocks: CLF , XME

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As of 5/1/2015, 04:15 PM


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