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MHK Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Mohawk Industries, Inc. (Symbol: MHK) crossed below their 200 day moving average of $132.99, changing hands as low as $130.13 per share. Mohawk Industries, Inc. shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of MHK shares, versus its 200 day moving average:

Mohawk Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, MHK's low point in its 52 week range is $103.74 per share, with $155.48 as the 52 week high point - that compares with a last trade of $131.67.

According to the ETF Finder at ETF Channel, MHK makes up 4.76% of the PowerShares Dynamic Building & Construction Portfolio ETF (Symbol: PKB) which is trading lower by about 2.5% on the day Monday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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