Mohawk Industries Inc (MHK)
Mohawk Industries Inc. is a leading American manufacturer of flooring solutions, headquartered in Calhoun, Georgia. With a diverse portfolio that includes carpets, rugs, ceramics, laminate, and vinyl products, the company serves both residential and commercial markets primarily in North America, while also catering to residential needs in Europe. Known for its commitment to innovation and sustainability, Mohawk leverages advanced technology and manufacturing processes to deliver high-quality floor coverings that meet the evolving demands of consumers and businesses alike.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 9.27% per annum.
- MHK price at the close of November 13, 2025 was $107.94 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 19.82% per annum.
- MHK price at the close of November 13, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of MHK price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 26, 2022
End date: October 31, 2025
a = 4.4145
b = 0.0002
s = 0.1351
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 9.27%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1351) – 1
= 71.69%
August 26, 2022 calculations
Top border of price channel:
Exp(Y447)
= Exp(a + b × X447 + 2 × s)
= Exp(a + b × 648 + 2 × s)
= Exp(4.4145 + 0.0002 × 648 + 2 × 0.1351)
= Exp(4.8422)
= $126.74
Bottom border of price channel:
Exp(Y447)
= Exp(a + b × X447 – 2 × s)
= Exp(a + b × 648 – 2 × s)
= Exp(4.4145 + 0.0002 × 648 – 2 × 0.1351)
= Exp(4.3016)
= $73.82
October 31, 2025 calculations
Top border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 + 2 × s)
= Exp(a + b × 1,810 + 2 × s)
= Exp(4.4145 + 0.0002 × 1,810 + 2 × 0.1351)
= Exp(5.1244)
= $168.08
Bottom border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 – 2 × s)
= Exp(a + b × 1,810 – 2 × s)
= Exp(4.4145 + 0.0002 × 1,810 – 2 × 0.1351)
= Exp(4.5839)
= $97.89
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 9.27% per annum.
- MHK price at the close of November 13, 2025 was $107.94 and was inside the primary price channel.
Secondary Trend
Start date: July 25, 2024
End date: November 13, 2025
a = 5.7869
b = -0.0006
s = 0.1084
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -19.82%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1084) – 1
= 54.30%
July 25, 2024 calculations
Top border of price channel:
Exp(Y926)
= Exp(a + b × X926 + 2 × s)
= Exp(a + b × 1,347 + 2 × s)
= Exp(5.7869 + -0.0006 × 1,347 + 2 × 0.1084)
= Exp(5.1887)
= $179.24
Bottom border of price channel:
Exp(Y926)
= Exp(a + b × X926 – 2 × s)
= Exp(a + b × 1,347 – 2 × s)
= Exp(5.7869 + -0.0006 × 1,347 – 2 × 0.1084)
= Exp(4.7550)
= $116.16
November 13, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.7869 + -0.0006 × 1,823 + 2 × 0.1084)
= Exp(4.9007)
= $134.38
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.7869 + -0.0006 × 1,823 – 2 × 0.1084)
= Exp(4.4670)
= $87.09
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 19.82% per annum.
- MHK price at the close of November 13, 2025 was inside the secondary price channel.