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Mohawk Group Holdings Inc (MWK) Stock Technical Analysis

NASDAQ:MWK - Nasdaq -

23.7  -0.86 (-3.5%)

After market: 23.9 +0.2 (+0.84%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to MWK. Although MWK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, we notice that MWK is one of the better performing stocks in the market, outperforming 97% of all stocks.
MWK has an average volume of 1066450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MWK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MWK is lagging the market slightly.
In the last month MWK has a been trading in the 19.64 - 33.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Mohawk Group Holdings Inc / MWK Weekly stock chart
Mohawk Group Holdings Inc / MWK Daily stock chart
Setup Rating and Analysis

4

MWK has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

20.41

25.86

We found 3 important support areas.

  • A support zone ranging from 23.40 to 23.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.63 from a trend line in the daily time frame.
  • Support @20.62 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @24.51 from a trend line in the daily time frame.
  • Resistance @25.60 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.41
Mansfield3.78
10 Day High26.18
10 Day Low19.64
20 Day High33.97
20 Day Low19.64
52 Week High48.99
52 Week Low3.56
Performance
1 Week2.78%
2 Weeks-1.58%
1 Month-19.66%
3 Month2.95%
6 Month194.78%
12 Month426.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)40.89
LBB20.37
UBB28.21
Mohawk Group Holdings Inc / MWK Daily stock chart

Mohawk Group Holdings Inc

NASDAQ:MWK (4/29/2021, 8:05:11 PM)

After market: 23.9 +0.2 (+0.84%)

23.7

-0.86 (-3.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.5%
1 Week2.78%
2 Weeks-1.58%
1 Month-19.66%
3 Month2.95%
6 Month194.78%
12 Month426.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.44
ATR(20)%10.95%
ATR Inc-34.23%
Range Today1.9
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.41
Mansfield3.78
10 Day High26.18
10 Day Low19.64
20 Day High33.97
20 Day Low19.64
52 Week High48.99
52 Week Low3.56
CS1 End23.6
CR1 Start24.51
Volume & EV
DER(3)-2.47%
DER(5)-0.68%
Volume682.90K
Volume Incr-33.21%
Vol(5)635.27K
Vol(50)1.07M