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Archive - 7/11/2025 - 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 a third consecutive positive week for the Mohawk Industries (MHK). During the week, the MHK gained 1.69 points, or 1.52%, and closed at 112.53 on Friday, July 11, 2025. Weekly volume was 15% 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 85.11 and resistance is at 150.37. 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 uptrend had started on October 27, 2023 at 76.02 and reached 164.29 on October 21, 2024. MHK gained -88.27 points, or -116.11%, in 51 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (150.81) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See MHK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 20, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 June 2, 2025 at 97.15 and reached 115.80 on July 10, 2025. MHK gained -18.65 points, or -19.20%, in 38 days. The price is now at the 17.53% retracement level.
Daily Technical Indicators: [See MHK daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish 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 bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 daily MACD line is above its signal line since June 23, 2025. This is an indication that the short-term trend is up. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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