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Bullish Case: MHK's historical performance indicates consistent recovery post-dips, implying resilience and potential for continued upside momentum based on structural industry growth.


Bearish Case: Near-term volatility spike, recent flat action, and analyst downgrades highlight investor uncertainty, suggesting a possible bearish turn or continued sideways trading.


Potential Outcomes:

1) Short-term dip as markets reassess, 30%.

2) Modest growth following industry trends, 40%.

3) Notable rally on strong earnings, strategic moves, 30%.


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April 09, 2024


Mohawk Industries Forecast

MHK        Mohawk Industries
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with MHK



OTIS Forecast + Options Trading Strategies   [OTIS]  Otis Worldwide (0.92)


GOTU Forecast + Options Trading Strategies   [GOTU]  Gaotu Techedu (0.91)


LPX Forecast + Options Trading Strategies   [LPX]  Louisiana-Pacific (0.91)


UWM Forecast + Options Trading Strategies   [UWM]  ProShares Ultra Russell2000 (0.91)


SSNC Forecast + Options Trading Strategies   [SSNC]  SS&C (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to MHK



USO Forecast + Options Trading Strategies   [USO]  United States Commodity Funds (0.0)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (0.0)


WBA Forecast + Options Trading Strategies   [WBA]  Walgreens Boots Alliance (0.0)


ADNT Forecast + Options Trading Strategies   [ADNT]  Adient (-0.0)


MRTN Forecast + Options Trading Strategies   [MRTN]  Marten Transport (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MHK



HDGE Forecast + Options Trading Strategies   [HDGE]  Advisorshares Trust - Ranger Equity Bear (-0.78)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.82)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.83)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.85)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.86)


MHK News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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