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 0.643, suggesting KARO is Strong Buy.

Karooooo Ltd (KARO) 20-Day simple moving average is 47.697, while Karooooo Ltd (KARO) share price is $49.64, making it Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.55, while Karooooo Ltd (KARO) share price is $49.64, making it Buy.

Technical Analysis for KARO

Technical Sentiment Analysis for Karooooo Ltd (KARO) As of 2026-04-06, Karooooo Ltd (KARO) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 11 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KARO stands at 58.081, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.643, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.761 and the Commodity Channel Index (CCI) at 113.962 further confirm a 3.95 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KARO is trading below its 60-day moving average of $47.55 and below its 200-day long-term moving average of $48.33. Key price levels to watch include the immediate resistance at $51.981 and strong support at $45.031. A break above $51.981 could signal a bull continuation, while falling below $45.031 may test the next Fibonacci floor at $41.66.

Karooooo Ltd (KARO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	38.081	41.66	45.031	48.61	51.981	55.56	58.931
Fibonacci	41.66	44.315	45.955	48.61	51.265	52.905	55.56

Karooooo Ltd (KARO) Technical Indicators

2026-04-06

Name	Value
RSI_14	58.081
STOCHk_14_3_3	69.761
STOCHd_14_3_3	70.675
CCI_20	113.962
AO_5_34	2.09
MOM_10	3.95
MACD_12_26_9	0.643

Karooooo Ltd (KARO) Relative Strength Index (RSI) is 58.081, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic Oscillator is 69.761, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic RSI is 70.675, creating a Neutral signal.

Karooooo Ltd (KARO) Commodity Channel Index (CCI) is 113.962, creating a Sell signal.

Karooooo Ltd (KARO) Awesome Oscillator is 2.09, creating a Buy signal.

Karooooo Ltd (KARO) Momentum is 3.95, creating a Buy signal.

Karooooo Ltd (KARO) MACD is 0.643, creating a Buy signal.

Karooooo Ltd (KARO) Moving Average

2026-04-06

Period	Simple	Signal
MA_5	49.466	Buy
MA_10	48.401	Buy
MA_20	47.697	Buy
MA_60	47.55	Buy
MA_200	48.33	Buy
MA_250	48.201	Buy

Karooooo Ltd (KARO) 5-Day simple moving average is 49.466, while Karooooo Ltd (KARO) share price is $49.64, making it a Buy.

Karooooo Ltd (KARO) 10-Day simple moving average is 48.401, while Karooooo Ltd (KARO) share price is $49.64, making it a Buy.

Karooooo Ltd (KARO) 20-Day simple moving average is 47.697, while Karooooo Ltd (KARO) share price is $49.64, making it a Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.55, while Karooooo Ltd (KARO) share price is $49.64, making it a Buy.

Karooooo Ltd (KARO) 200-Day simple moving average is 48.33, while Karooooo Ltd (KARO) share price is $49.64, making it a Buy.

Karooooo Ltd (KARO) 250-Day simple moving average is 48.201, while Karooooo Ltd (KARO) share price is $49.64, making it a Buy.

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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 Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 2 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 45.031 and a major resistance level at 51.981. Traders also monitor the pivot point at 48.61 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 58.081. 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 0.643, suggesting KARO is Strong Buy. 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 $49.64, which is above its 200-day simple moving average of 48.33. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.