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Archive - 3/6/2026 - Sign In to see current Signals. |
Mohawk Industries (MHK) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Mohawk Industries (MHK). During the week, the MHK dropped -17.90 points, or -14.29%, and closed at 107.37 on Friday, March 6, 2026. Weekly volume was 53% above average.
Long-term trend: [See MHK long-term trend chart] A long-term uptrend had started on March 23, 2020 at 56.62 and reached 231.80 on May 10, 2021. MHK gained -175.18 points, or -309.40%, in 59 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 88.62 and resistance is at 137.61. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See MHK medium-term trend chart] A medium-term downtrend had started on October 21, 2024 at 164.29 and reached 96.20 on April 9, 2025. MHK lost 68.09 points, or 41.45%, in 24 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (105.90) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See MHK weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since January 16, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See MHK short-term trend chart] A short-term uptrend had started on November 18, 2025 at 102.78 and reached 139.11 on February 13, 2026. MHK gained -36.33 points, or -35.35%, in 87 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (109.73) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See MHK daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since February 18, 2026. The distance between MACD and the signal line is near its high and getting bigger. The distance between the Bollinger Bands is 124.07% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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