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Archive - 4/24/2026 - 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 gave back -1.09 points, or -1.00%, and closed at 107.74 on Friday, April 24, 2026. MHK was trading at average weekly trading volume.
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 89.35 and resistance is at 134.97. 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 February 13, 2026 at 139.11 and reached 94.56 on April 7, 2026. MHK lost 44.55 points, or 32.03%, in 7 weeks. The price is now at the 29.58% retracement level.
Weekly Technical Indicators: [See MHK weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help. The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. 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 April 7, 2026 at 94.56 and reached 112.76 on April 17, 2026. MHK gained -18.20 points, or -19.25%, in 10 days. The price is now at the 27.58% retracement level.
Daily Technical Indicators: [See MHK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 30, 2026. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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