CLFD
Clearfield, Inc. Technology - Communication Equipment Investor Relations →
Clearfield, Inc. (CLFD) closed at $40.45 as of 2026-06-19, trading 5.8% below its 200-week moving average of $42.95. This places CLFD in the deep value zone. The stock moved further from the line this week, up from -9.1% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Over the past 14 weeks, up-weeks have carried more volume than down-weeks (1.74 buyers-vs-sellers ratio). When trading picks up, it's more often on days the price is rising — buyers are showing more interest than sellers.
Over the past 2032 weeks of data, CLFD has crossed below its 200-week moving average 20 times. On average, these episodes lasted 49 weeks. Historically, investors who bought CLFD at the start of these episodes saw an average one-year return of +23.7%.
With a market cap of $550 million, CLFD is a small-cap stock. The company generates a free cash flow yield of 3.6%. Return on equity stands at 1.3%. The stock trades at 2.3x book value.
Over the past 33.5 years, a hypothetical investment of $100 in CLFD would have grown to $1269, compared to $3097 for the S&P 500. CLFD has returned 7.9% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CLFD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CLFD Crosses Below the Line?
Across 17 historical episodes, buying CLFD when it crossed below its 200-week moving average produced an average return of +18.0% after 12 months (median -3.0%), compared to +11.3% for the S&P 500 over the same periods. 47% of those episodes were profitable after one year. After 24 months, the average return was +74.2% vs +23.3% for the index.
Each line shows $100 invested at the moment CLFD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices CLFD would reach each dislocation threshold.
Dislocation Price Levels
Prices where CLFD's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $21.95 | Unusually cheap — potential buy zone |
| Value | +1σ | $25.36 | Cheap vs. own history |
| Fair Value | +0σ | $30.03 | Historical mean behavior |
| Expensive | -1σ | $36.81 | Expensive vs. own history |
| Deep Expensive | -2σ | $47.54 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from CLFD's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
CLFD has crossed below its 200-week MA 20 times with an average 1-year return of +23.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1987 | Nov 1987 | 1 | 3.0% | +50.0% | +1518.0% |
| Apr 1988 | Apr 1988 | 1 | 2.1% | +119.0% | +1441.0% |
| Dec 1990 | Jan 1992 | 56 | 16.6% | +11.8% | +851.8% |
| Mar 1992 | Jan 1994 | 99 | 55.9% | -45.5% | +635.5% |
| Mar 1994 | May 1995 | 58 | 24.3% | -25.7% | +851.8% |
| Dec 1996 | Jan 1997 | 3 | 3.4% | +75.0% | +851.8% |
| Aug 1998 | Feb 1999 | 27 | 20.9% | +20.9% | +652.6% |
| Sep 1999 | Nov 1999 | 7 | 30.0% | +157.1% | +740.5% |
| Nov 2000 | Jan 2001 | 8 | 37.5% | -66.0% | +352.6% |
| Feb 2001 | Apr 2001 | 10 | 29.6% | -69.9% | +386.6% |
| May 2001 | Mar 2006 | 252 | 85.5% | -77.5% | +321.4% |
| Apr 2006 | May 2008 | 106 | 54.6% | -24.8% | +2476.4% |
| Jun 2008 | Apr 2009 | 42 | 41.7% | +62.5% | +3270.8% |
| May 2009 | May 2009 | 1 | 8.1% | +130.4% | +3417.4% |
| Apr 2017 | Feb 2019 | 99 | 40.8% | -10.2% | +165.2% |
| Mar 2019 | Mar 2019 | 1 | 3.6% | -36.3% | +185.5% |
| May 2019 | May 2020 | 55 | 35.8% | -10.2% | +181.7% |
| Jun 2020 | Jun 2020 | 2 | 5.7% | +223.7% | +212.8% |
| Apr 2023 | Jun 2023 | 7 | 19.4% | -34.8% | -6.8% |
| Jul 2023 | Ongoing | 151+ | 50.4% | Ongoing | +0.1% |
| Average | 49 | — | +23.7% | — |
Frequently Asked Questions
Is CLFD below its 200-week moving average?
Yes. As of 2026-06-19, Clearfield, Inc. (CLFD) is trading 5.8% below its 200-week moving average of $42.95. The current price is $40.45.
What is CLFD's 200-week moving average price?
Clearfield, Inc.'s 200-week moving average is $42.95 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CLFD drops below its 200-week moving average?
CLFD has crossed below its 200-week moving average 20 times in our data. On average, buying at that moment produced a one-year return of +23.7%. These dips have historically been decent entry points. These episodes lasted 49 weeks on average.
Is CLFD a good value right now?
Here's what our data says about CLFD as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 68. Free cash flow yield is 3.6%. Return on equity is 1.3%. Price-to-book is 2.3x. This is not a buy or sell recommendation — always do your own research.
How does CLFD compare to the S&P 500?
Over the past 33.5 years, $100 invested in CLFD would have grown to $1269, compared to $3097 for the S&P 500. That's 7.9% annualized vs 10.8% for the index. CLFD has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19