Back to top
Bearish MACD for Cliffs Natural Resources Inc.
Read MoreHide Full Article
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Cliffs Natural Resources Inc.’s (CLF - Free Report) MACD indicator has moved into bearish territory with a reading of –2.3687. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.80% to $30.45 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past week to $3.56 per share.