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 -0.574, suggesting KARO is Strong Sell.

Karooooo Ltd (KARO) 20-Day simple moving average is 47.187, while Karooooo Ltd (KARO) share price is $45.62, making it Sell.

Karooooo Ltd (KARO) 60-Day simple moving average is 48.742, while Karooooo Ltd (KARO) share price is $45.62, making it Sell.

Technical Analysis for KARO

Technical Sentiment Analysis for Karooooo Ltd (KARO) As of 2026-06-10, Karooooo Ltd (KARO) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KARO stands at 40.378, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.574, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.822 and the Commodity Channel Index (CCI) at -87.685 further confirm a -1.87 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KARO is trading above its 60-day moving average of $48.742 and above its 200-day long-term moving average of $48.519. Key price levels to watch include the immediate resistance at $51.043 and strong support at $44.718. A break above $51.043 could signal a bull continuation, while falling below $44.718 may test the next Fibonacci floor at $41.844.

Karooooo Ltd (KARO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	38.393	41.844	44.718	48.169	51.043	54.494	57.368
Fibonacci	41.844	44.26	45.753	48.169	50.585	52.078	54.494

Karooooo Ltd (KARO) Technical Indicators

2026-06-10

Name	Value
RSI_14	40.378
STOCHk_14_3_3	12.822
STOCHd_14_3_3	21.604
CCI_20	-87.685
AO_5_34	-1.366
MOM_10	-1.87
MACD_12_26_9	-0.574

Karooooo Ltd (KARO) Relative Strength Index (RSI) is 40.378, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic Oscillator is 12.822, creating a Buy signal.

Karooooo Ltd (KARO) Stochastic RSI is 21.604, creating a Neutral signal.

Karooooo Ltd (KARO) Commodity Channel Index (CCI) is -87.685, creating a Neutral signal.

Karooooo Ltd (KARO) Awesome Oscillator is -1.366, creating a Sell signal.

Karooooo Ltd (KARO) Momentum is -1.87, creating a Sell signal.

Karooooo Ltd (KARO) MACD is -0.574, creating a Sell signal.

Karooooo Ltd (KARO) Moving Average

2026-06-10

Period	Simple	Signal
MA_5	46.694	Sell
MA_10	47.592	Sell
MA_20	47.187	Sell
MA_60	48.742	Sell
MA_200	48.519	Sell
MA_250	48.429	Sell

Karooooo Ltd (KARO) 5-Day simple moving average is 46.694, while Karooooo Ltd (KARO) share price is $45.62, making it a Sell.

Karooooo Ltd (KARO) 10-Day simple moving average is 47.592, while Karooooo Ltd (KARO) share price is $45.62, making it a Sell.

Karooooo Ltd (KARO) 20-Day simple moving average is 47.187, while Karooooo Ltd (KARO) share price is $45.62, making it a Sell.

Karooooo Ltd (KARO) 60-Day simple moving average is 48.742, while Karooooo Ltd (KARO) share price is $45.62, making it a Sell.

Karooooo Ltd (KARO) 200-Day simple moving average is 48.519, while Karooooo Ltd (KARO) share price is $45.62, making it a Sell.

Karooooo Ltd (KARO) 250-Day simple moving average is 48.429, while Karooooo Ltd (KARO) share price is $45.62, 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 3 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 44.718 and a major resistance level at 51.043. Traders also monitor the pivot point at 48.169 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 40.378. 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 -0.574, 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 $45.62, which is below its 200-day simple moving average of 48.519. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.