MOHAWK INDUSTRIES INC (MHK) Stock Technical Analysis
USA - NYSE:MHK - US6081901042 - Common Stock
127.36 USD
+0.37 (+0.29%)
127.36 USD
0 (0%)
We assign a technical rating of 3 out of 10 to MHK. In the last year, MHK was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
70% of all other stocks performed better in the past year than MHK.
In the last month MHK has a been trading in the 117.26 - 131.03 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MHK is an average performer in the Household Durables industry, it outperforms 67% of 63 stocks in the same industry.
MHK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MHK is lagging the market.
The technical rating of MHK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
97.64
141.16
4 important support areas can be observed.
- A support zone ranging from 123.49 to 125.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.54 to 118.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.51 from a horizontal line in the daily time frame.
- A support zone ranging from 98.63 to 99.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @136.45 from a trend line in the weekly time frame.
- A resistance zone ranging from 139.30 to 139.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MHK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MHK is neutral. |
| ChartMill Relative Strength | 30.98 | NEUTRAL | MHK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MHK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MHK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MHK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.41 | NEUTRAL | The RSI value for MHK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests MHK has a positive trend. |
| Stochastics (14,3) | 72.7 | NEUTRAL | The Stochastics value for MHK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for MHK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.58 | NEUTRAL | The ADX value for MHK suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
127.36
+0.37 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.29%
1 Week8.35%
2 Weeks-1.4%
1 Month-2.53%
3 Month14.56%
6 Month24.02%
12 Month-20.92%
2 Year58.45%
3 Year34.42%
5 Year23.42%
10 Year-34.85%
15 Year122.11%
Volatility
ATR(14)3.07
ATR(20)%2.41%
ATR Inc-34.58%
Range Today1.95
ADR(20)2.96
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.98
Mansfield-0.35
10 Day High129.52
10 Day Low117.26
20 Day High131.03
20 Day Low117.26
52 Week High164.29
52 Week Low96.24
CS1 End125.89
CR1 Start136.45
Volume & EV
DER(3)-0.59%
DER(5)-1.53%
Volume534.20K
Volume Incr-4.5%
Vol(5)663.62K
Vol(50)713.04K