


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 12 technical signals, shows that 11 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KARO stands at 57.289, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.63, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.011 and the Commodity Channel Index (CCI) at 91.487 further confirm a 3.79 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, KARO is trading below its 60-day moving average of $47.547 and below its 200-day long-term moving average of $48.33. Key price levels to watch include the immediate resistance at $51.97 and strong support at $45.02. A break above $51.97 could signal a bull continuation, while falling below $45.02 may test the next Fibonacci floor at $41.655.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 38.07 | 41.655 | 45.02 | 48.605 | 51.97 | 55.555 | 58.92 |
| Fibonacci | 41.655 | 44.31 | 45.95 | 48.605 | 51.26 | 52.9 | 55.555 |
2026-04-06
| Name | Value |
|---|---|
| RSI_14 | 57.289 |
| STOCHk_14_3_3 | 69.011 |
| STOCHd_14_3_3 | 70.425 |
| CCI_20 | 91.487 |
| AO_5_34 | 1.996 |
| MOM_10 | 3.79 |
| MACD_12_26_9 | 0.63 |
2026-04-06
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 49.434 | Buy |
| MA_10 | 48.385 | Buy |
| MA_20 | 47.689 | Buy |
| MA_60 | 47.547 | Buy |
| MA_200 | 48.33 | Buy |
| MA_250 | 48.2 | Buy |