Technical Analysis for MHK - Mohawk Industries, Inc.

Grade Last Price % Change Price Change
D 108.88 0.74% 0.80
MHK closed up 0.74 percent on Friday, April 19, 2024, on 60 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Apr 25
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 0.74%
Multiple of Ten Bearish Other 0.74%
Gapped Up Strength 0.74%
Down 3 Days in a Row Weakness 0.74%
Down 4 Days in a Row Weakness 0.74%
Down 5 Days in a Row Weakness 0.74%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 15 hours ago
Possible NR7 about 16 hours ago
Possible Inside Day about 16 hours ago
Gap Up Partially Closed about 20 hours ago
Gapped Up (Partial) about 20 hours ago

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Profile

Mohawk Industries, Inc. Description

Mohawk Industries, Inc., together with its subsidiaries, produces floor covering products for residential and commercial applications in the United States and for residential applications in Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. The Mohawk segment designs, manufactures, sources, markets, and distributes floor covering product lines, which include carpets, ceramic tiles, laminates, rugs, carpet pads, hardwood, and resilient under the Mohawk, Aladdin, Mohawk ColorCenters, Mohawk Floorscapes, Portico, Mohawk Home, Bigelow, Durkan, Horizon, Karastan, Lees, Merit, and SmartStrand names. It markets and distributes soft and hard surface products through independent floor covering retailers, home centers, mass merchandisers, department stores, commercial dealers, and commercial end users, as well as through private labeling programs. The Dal-Tile segment designs, manufactures, sources, markets, and distributes ceramic tile, porcelain tile, and natural stone products, as well as sources, markets, and distributes other tile related products. It offers its ceramic tile products under the Dal-Tile and American Olean names through independent distributors, home center retailers, individual floor covering retailers, commercial dealers, and commercial end users. The Unilin segment designs, manufactures, sources, licenses, markets, and distributes laminate and hardwood flooring under the Quick-Step, Columbia Flooring, Century Flooring, and Mohawk names through retailers, independent distributors, and home centers. It also produces roofing systems, insulation panels, and other wood products; and markets luxury vinyl tiles in Europe, as well as licenses its UNICLIC and Pergo intellectual property to floor manufacturers. The company's products are used in remodeling and new construction applications. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.


Classification

Sector: Consumer Cyclical
Industry: Home Furnishings & Fixtures
Keywords: S&P 500 Construction Building Materials Department Store Pet Flooring Wood Products Carpet Wood Flooring Roofing Systems Decorative Arts Hardwood Residential Applications Tile Porcelain Ceramic Tiles Laminate Flooring Residential And Commercial Applications Tiling

Is MHK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 131.19
52 Week Low 76.02
Average Volume 679,904
200-Day Moving Average 101.40
50-Day Moving Average 118.74
20-Day Moving Average 120.28
10-Day Moving Average 114.54
Average True Range 3.13
RSI (14) 32.43
ADX 28.48
+DI 13.95
-DI 35.52
Chandelier Exit (Long, 3 ATRs) 121.79
Chandelier Exit (Short, 3 ATRs) 116.82
Upper Bollinger Bands 135.12
Lower Bollinger Band 105.43
Percent B (%b) 0.12
BandWidth 24.68
MACD Line -3.01
MACD Signal Line -0.95
MACD Histogram -2.0609
Fundamentals Value
Market Cap 6.93 Billion
Num Shares 63.7 Million
EPS -6.90
Price-to-Earnings (P/E) Ratio -15.78
Price-to-Sales 0.63
Price-to-Book 0.92
PEG Ratio 0.93
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 111.00
Resistance 3 (R3) 111.01 110.31 110.64
Resistance 2 (R2) 110.31 109.77 110.31 110.52
Resistance 1 (R1) 109.60 109.44 109.96 109.59 110.41
Pivot Point 108.90 108.90 109.08 108.90 108.90
Support 1 (S1) 108.19 108.36 108.55 108.18 107.35
Support 2 (S2) 107.49 108.03 107.49 107.24
Support 3 (S3) 106.78 107.49 107.12
Support 4 (S4) 106.77