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Archive
- 5/29/2026 -
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Mohawk Industries (MHK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Mohawk Industries (MHK). During the week, the MHK gained 5.02 points, or 4.90%, and closed at 107.42 on Friday, May 29, 2026. Weekly volume was -37% below 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 89.86 and resistance is at 133.10. 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 February 13, 2026 at 139.11 and reached 92.99 on May 19, 2026. MHK lost 46.12 points, or 33.15%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (92.62) 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 technical indicators are neutral.
The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 May 19, 2026 at 92.99 and reached 108.57 on May 27, 2026. MHK gained -15.58 points, or -16.75%, in 8 days. The price is now at the 7.38% retracement level.
 Daily Technical Indicators: [See MHK daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. 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 and Williams' Percentage Range help.
The daily MACD line is above its signal line since May 20, 2026. This is an indication that the short-term trend is up.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
4 |
| Industry |
Home Furnishings |
29 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
92.99 |
| Low Date |
05/19/2026 |
| High |
108.57 |
| High Date |
05/27/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
94.99 |
| Support |
92.62 |
| High |
139.11 |
| High Date |
02/13/2026 |
| Low |
92.99 |
| Low Date |
05/19/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
143.13 |
| High Date |
09/05/2025 |
| Low |
92.99 |
| Low Date |
05/19/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
164.29 |
| High Date |
10/21/2024 |
| Low |
92.99 |
| Low Date |
05/19/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
133.10 |
| Support |
89.86 |
| Low |
56.62 |
| Low Date |
03/23/2020 |
| High |
231.80 |
| High Date |
05/10/2021 |
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