Wednesday, May 16, 2018 12:15:41 PM
Mohawk Industries Inc (NYSE:MHK) is a leading flooring manufacturer that creates products for residential and commercial spaces around the world. The stock peaked out on December 4, 2017 at $286.85 a share. Since that high pivot, the stock has steadily been declining and trending lower. Today, MHK stock is trading lower by 0.47 cents to $208.41 a share. The next important support level for MHK stock will be around the psychological $200.00 level, but that may not hold very long. You see, MHK stock trades less than a million share a day on average. Very often, stocks that do not trade heavy volume or over a million shares a day are susceptible to trading below there near term technical support levels. This is called overshoot and it tells me that the $185.00 area will likely be the next spot for a major bottom in the stock.
Nicholas Santiago
InTheMoneyStocks
Recent MHK News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 08:18:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 05:48:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/09/2024 06:05:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2024 08:16:14 PM
- Mohawk Industries Names Mauro Vandini President – Global Ceramic Segment • GlobeNewswire Inc. • 09/05/2024 08:10:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 09:30:02 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/23/2024 04:41:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 01:18:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:12:39 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/07/2024 03:59:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/30/2024 09:26:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:26:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:22:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:14:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 09:42:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:29:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:09:54 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2024 04:12:25 PM
- Dexcom Shares Drop 37% on Weak Revenue and Forecast; Coursera Rises 24% After Beating Q2 Revenue Estimates • IH Market News • 07/26/2024 09:57:38 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 08:20:27 PM
- Mohawk Industries Reports Q2 Results • GlobeNewswire Inc. • 07/25/2024 08:10:00 PM
- Mohawk Highlights Sustainability Progress in 2023 Impact Report • GlobeNewswire Inc. • 07/16/2024 08:10:00 PM
- Mohawk Industries, Inc. Invites You to Join the Second Quarter 2024 Earnings Conference Call • GlobeNewswire Inc. • 06/28/2024 03:29:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 12:38:59 AM
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