Weaker Buy Today MHK ranks #1776 as BUY CANDIDATE. Stronger Buy
Today MHK ranks #1776 as BUY CANDIDATE.

MHK stock Mohawk Industries Inc

MHK stock
Mohawk Industries Inc

April 24, 2019
Change 0.01%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Sell

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Social Sentiment for MHK

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will MHK stock price go up or down on Thu, 25 Apr 2019?

Mohawk Industries Inc Forecast and Stock Analysis

Technical MHK stock analysis for April 24, 2019.

Buy candidate since 2019-04-23 Gain 0.01%
Shorts 5.36% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.52
ROA 6.98

Mohawk Industries Inc gained 0.01% in the last trading day, rising from $134.14 to $134.16 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a 2.17% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.42 million more shares were traded than the day before. In total, 1.23 million shares bought and sold for approximately $165.19 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the MHK stock was $134.16. This is 0.01% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.76% from a day low at $132.47 to a day high of $134.80.

30 day high of the MHK stock price was $134.80 and low was $123.30.
90 day high was $143.97 and low was $123.30.
52 week high for the Mohawk Industries Inc - $228.49 and low - $109.35.

Trend

Mohawk Industries Inc lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.49% during the next 3 months and, with 90% probability hold a price between $120.44 and $136.77 at the end of this period.

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Signals

Only positive signals in the chart today. Mohawk Industries Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $132.15 and $129.83. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday March 25, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

The stock holds a RSI14 at 77 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Mohawk Industries Inc finds support from accumulated volume at $128.20.

Support: $128.20 Price: $134.16 Resistance: $135.78

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $2.33 (1.76%) between high and low. For the last week, the stock has had a daily average volatility of 1.58%.

Our recommended stoploss: $126.72 (-5.55%) (This stock has low daily movements and this gives low risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from pivot bottom found 21 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today MHK ranks #1776 as BUY CANDIDATE. Stronger Buy
Today MHK ranks #1776 as BUY CANDIDATE.