Intraday price change for CLF is about $0.36 from the day's low to the day's high.
The previous business day's price range from the open of $7.27 is expected to range from a low of $7.08 to a high of $7.44.
Price moves beyond this range are outside the average.
The previous business day's closing price may be between $7.30 and $7.24 assuming average price movements.
Note that events including news, CLF earnings, or broad market swings will unexpectedly affect price.
Closing prices outside of this range indicate a move outside the average closing price movement.
This signal was generated on August 23rd
and closed on September 8th, for a holding time of 11 business days.
Signals with this combination of indicators have an average holding time of 2-3 business days.