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Archive
- 8/29/2025 -
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Mohawk Industries (MHK) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Mohawk Industries (MHK). During the week, the MHK gave back -0.52 points, or -0.39%, and closed at 132.69 on Friday, August 29, 2025. Weekly volume was -23% below average.
MHK is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 85.86 and resistance is at 147.65. 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 Falling Channel chart pattern. The downtrend resistance line (62.69) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MHK may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See MHK weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since June 20, 2025. The distance between MACD and the signal line is relatively high and getting bigger. 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 August 21, 2025 at 121.49 and reached 133.93 on August 22, 2025. MHK gained -12.44 points, or -10.24%, in 1 days. The price is now at the 9.97% retracement level.
 Daily Technical Indicators: [See MHK daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is above its signal line since August 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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