MHK NEWS why is Mohawk Industries, Inc. price falling or rising

MHK NEWS reasons for why stock price of Mohawk Industries, Inc. is falling or rising

MHK Mohawk Industries is falling or rising technical reasons

Technical analysis forecast of Mohawk Industries Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mohawk Industries MHK at this time. Stock is rising and might rise more.

It appears as if Mohawk Industries MHK gave a large move recently.

Stock of Mohawk Industries (MHK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Mohawk Industries is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mohawk Industries stays above 128.1, but if it comes below 128.1, then a intra day sell could be more profitable.
If you take a sell trade below 128.1, then use 128.1 as stoploss and 123.9 as target. However if you take a buy trade in Mohawk Industries, then use 128.1 as stoploss and 133.1 as target.

MHK Mohawk Industries is falling or rising NEWS fundamental reasons

More announcements and NEWS

MHK Mohawk Industries, Inc. current price & indicator signals

Moving Averages for Mohawk Industries, Inc.

  • 5Day Average: 127.3
  • 12Day Average: 122.2
  • 20Day Average: 120.87
  • 50Day Average: 129.86
  • 100Day Average: 141.27
  • 150Day Average: 138.3
  • 200Day Average: 132.82

MHK Indicators & signals

Indicator MACD (12,26,9)

124.24, 124.61, -2.46
Indicator MACD is in negative zone

Indicator ADX (14)

25.79, 28.65, 16.91
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MHK Mohawk Industries, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri Jan 2025 129.27 128.91 to 130.63 0.43% 0.94 times
16 Thu Jan 2025 128.72 127.72 to 129.90 -1.03% 0.56 times
15 Wed Jan 2025 130.06 128.61 to 131.47 3.57% 1.17 times
14 Tue Jan 2025 125.58 123.69 to 126.46 2.21% 1 times
13 Mon Jan 2025 122.87 117.51 to 122.92 0% 1.32 times
13 Mon Jan 2025 122.87 117.51 to 122.92 4.05% 1.32 times
10 Fri Jan 2025 118.09 117.30 to 120.00 -0.16% 0.83 times
08 Wed Jan 2025 118.28 115.73 to 118.99 0% 0.85 times
08 Wed Jan 2025 118.28 115.73 to 118.99 0.84% 0.85 times
07 Tue Jan 2025 117.30 116.29 to 119.00 -0.4% 0.93 times
06 Mon Jan 2025 117.77 117.02 to 120.29 0.39% 1.17 times
03 Fri Jan 2025 117.31 116.04 to 117.88 1.2% 0.7 times

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MHK NEWS why is Mohawk Industries, Inc. price falling or rising

 

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