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 0.0513, suggesting KARO is Strong Buy.

Karooooo Ltd (KARO) 20-Day simple moving average is 46.697, while Karooooo Ltd (KARO) share price is $48.89, making it Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.208, while Karooooo Ltd (KARO) share price is $48.89, making it Buy.

Technical Analysis for KARO

Technical Sentiment Analysis for Karooooo Ltd (KARO) As of 2026-03-17, Karooooo Ltd (KARO) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 17 technical signals, shows that 12 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KARO stands at 58.582, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0513, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.59 and the Commodity Channel Index (CCI) at 260.627 further confirm a 2.46 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KARO is trading below its 60-day moving average of $47.208 and below its 200-day long-term moving average of $48.781. Key price levels to watch include the immediate resistance at $48.862 and strong support at $45.702. A break above $48.862 could signal a bull continuation, while falling below $45.702 may test the next Fibonacci floor at $44.236.

Karooooo Ltd (KARO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	42.542	44.236	45.702	47.396	48.862	50.556	52.022
Fibonacci	44.236	45.443	46.189	47.396	48.603	49.349	50.556

Karooooo Ltd (KARO) Technical Indicators

2026-03-17

Name	Value
RSI_14	58.582
STOCHk_14_3_3	89.59
STOCHd_14_3_3	81.307
CCI_20	260.627
AO_5_34	-0.386
MOM_10	2.46
MACD_12_26_9	0.0513

Karooooo Ltd (KARO) Relative Strength Index (RSI) is 58.582, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic Oscillator is 89.59, creating a Sell signal.

Karooooo Ltd (KARO) Stochastic RSI is 81.307, creating a Sell signal.

Karooooo Ltd (KARO) Commodity Channel Index (CCI) is 260.627, creating a Sell signal.

Karooooo Ltd (KARO) Awesome Oscillator is -0.386, creating a Sell signal.

Karooooo Ltd (KARO) Momentum is 2.46, creating a Buy signal.

Karooooo Ltd (KARO) MACD is 0.0513, creating a Buy signal.

Karooooo Ltd (KARO) Moving Average

2026-03-17

Period	Simple	Signal
MA_5	47.548	Buy
MA_10	47.169	Buy
MA_20	46.697	Buy
MA_60	47.208	Buy
MA_200	48.781	Buy
MA_250	47.901	Buy

Karooooo Ltd (KARO) 5-Day simple moving average is 47.548, while Karooooo Ltd (KARO) share price is $48.89, making it a Buy.

Karooooo Ltd (KARO) 10-Day simple moving average is 47.169, while Karooooo Ltd (KARO) share price is $48.89, making it a Buy.

Karooooo Ltd (KARO) 20-Day simple moving average is 46.697, while Karooooo Ltd (KARO) share price is $48.89, making it a Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.208, while Karooooo Ltd (KARO) share price is $48.89, making it a Buy.

Karooooo Ltd (KARO) 200-Day simple moving average is 48.781, while Karooooo Ltd (KARO) share price is $48.89, making it a Buy.

Karooooo Ltd (KARO) 250-Day simple moving average is 47.901, while Karooooo Ltd (KARO) share price is $48.89, 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 6 buy signals and 5 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 45.702 and a major resistance level at 48.862. Traders also monitor the pivot point at 47.396 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 58.582. 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 0.0513, 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 $48.89, which is above its 200-day simple moving average of 48.781. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.