KARO Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Karooooo Ltd (KARO) Moving Averages Convergence Divergence (MACD) indicator is -0.416, suggesting KARO is Strong Sell.

Karooooo Ltd (KARO) 20-Day simple moving average is 48.426, while Karooooo Ltd (KARO) share price is $46.86, making it Sell.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.018, while Karooooo Ltd (KARO) share price is $46.86, making it Sell.

Technical Analysis for KARO

Technical Sentiment Analysis for Karooooo Ltd (KARO) As of 2026-02-24, Karooooo Ltd (KARO) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 3 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KARO stands at 47.795, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.416, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.555 and the Commodity Channel Index (CCI) at -81.637 further confirm a -3.57 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KARO is trading below its 60-day moving average of $47.018 and below its 200-day long-term moving average of $49.061. Key price levels to watch include the immediate resistance at $51.922 and strong support at $43.392. A break above $51.922 could signal a bull continuation, while falling below $43.392 may test the next Fibonacci floor at $39.466.

Karooooo Ltd (KARO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	34.862	39.466	43.392	47.996	51.922	56.526	60.452
Fibonacci	39.466	42.724	44.738	47.996	51.254	53.268	56.526

Karooooo Ltd (KARO) Technical Indicators

2026-02-24

Name	Value
RSI_14	47.795
STOCHk_14_3_3	19.555
STOCHd_14_3_3	14.072
CCI_20	-81.637
AO_5_34	-1.839
MOM_10	-3.57
MACD_12_26_9	-0.416

Karooooo Ltd (KARO) Relative Strength Index (RSI) is 47.795, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic Oscillator is 19.555, creating a Buy signal.

Karooooo Ltd (KARO) Stochastic RSI is 14.072, creating a Buy signal.

Karooooo Ltd (KARO) Commodity Channel Index (CCI) is -81.637, creating a Neutral signal.

Karooooo Ltd (KARO) Awesome Oscillator is -1.839, creating a Sell signal.

Karooooo Ltd (KARO) Momentum is -3.57, creating a Sell signal.

Karooooo Ltd (KARO) MACD is -0.416, creating a Sell signal.

Karooooo Ltd (KARO) Moving Average

2026-02-24

Period	Simple	Signal
MA_5	45.698	Buy
MA_10	47.318	Sell
MA_20	48.426	Sell
MA_60	47.018	Sell
MA_200	49.061	Sell
MA_250	47.649	Sell

Karooooo Ltd (KARO) 5-Day simple moving average is 45.698, while Karooooo Ltd (KARO) share price is $46.86, making it a Buy.

Karooooo Ltd (KARO) 10-Day simple moving average is 47.318, while Karooooo Ltd (KARO) share price is $46.86, making it a Sell.

Karooooo Ltd (KARO) 20-Day simple moving average is 48.426, while Karooooo Ltd (KARO) share price is $46.86, making it a Sell.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.018, while Karooooo Ltd (KARO) share price is $46.86, making it a Sell.

Karooooo Ltd (KARO) 200-Day simple moving average is 49.061, while Karooooo Ltd (KARO) share price is $46.86, making it a Sell.

Karooooo Ltd (KARO) 250-Day simple moving average is 47.649, while Karooooo Ltd (KARO) share price is $46.86, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for KARO?

The overall technical consensus for Karooooo Ltd (KARO) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 4 sell signals.

What are the key support and resistance levels for Karooooo Ltd (KARO) today?

Based on pivot point calculations, Karooooo Ltd (KARO) has an immediate support level at 43.392 and a major resistance level at 51.922. Traders also monitor the pivot point at 47.996 to determine the intraday trend direction.

Is Karooooo Ltd (KARO) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Karooooo Ltd (KARO) is currently 47.795. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Karooooo Ltd (KARO)?

Karooooo Ltd (KARO) Moving Averages Convergence Divergence (MACD) indicator is -0.416, suggesting KARO is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Karooooo Ltd.

How is Karooooo Ltd (KARO) performing relative to its 200-day moving average?

Karooooo Ltd (KARO) is currently trading at $46.86, which is below its 200-day simple moving average of 49.061. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.