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 -0.106, suggesting KARO is Neutral.

Karooooo Ltd (KARO) 20-Day simple moving average is 46.57, while Karooooo Ltd (KARO) share price is $47.76, making it Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.176, while Karooooo Ltd (KARO) share price is $47.76, making it Buy.

Technical Analysis for KARO

Technical Sentiment Analysis for Karooooo Ltd (KARO) As of 2026-03-16, Karooooo Ltd (KARO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KARO stands at 53.451, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.106, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.25 and the Commodity Channel Index (CCI) at 88.521 further confirm a 1.13 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KARO is trading below its 60-day moving average of $47.176 and below its 200-day long-term moving average of $48.814. Key price levels to watch include the immediate resistance at $48.547 and strong support at $44.752. A break above $48.547 could signal a bull continuation, while falling below $44.752 may test the next Fibonacci floor at $42.581.

Karooooo Ltd (KARO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	40.957	42.581	44.752	46.376	48.547	50.171	52.342
Fibonacci	42.581	44.03	44.926	46.376	47.825	48.721	50.171

Karooooo Ltd (KARO) Technical Indicators

2026-03-16

Name	Value
RSI_14	53.451
STOCHk_14_3_3	79.25
STOCHd_14_3_3	74.572
CCI_20	88.521
AO_5_34	-0.878
MOM_10	1.13
MACD_12_26_9	-0.106

Karooooo Ltd (KARO) Relative Strength Index (RSI) is 53.451, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic Oscillator is 79.25, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic RSI is 74.572, creating a Neutral signal.

Karooooo Ltd (KARO) Commodity Channel Index (CCI) is 88.521, creating a Neutral signal.

Karooooo Ltd (KARO) Awesome Oscillator is -0.878, creating a Sell signal.

Karooooo Ltd (KARO) Momentum is 1.13, creating a Buy signal.

Karooooo Ltd (KARO) MACD is -0.106, creating a Sell signal.

Karooooo Ltd (KARO) Moving Average

2026-03-16

Period	Simple	Signal
MA_5	47.072	Buy
MA_10	46.923	Buy
MA_20	46.57	Buy
MA_60	47.176	Buy
MA_200	48.814	Sell
MA_250	47.87	Sell

Karooooo Ltd (KARO) 5-Day simple moving average is 47.072, while Karooooo Ltd (KARO) share price is $47.76, making it a Buy.

Karooooo Ltd (KARO) 10-Day simple moving average is 46.923, while Karooooo Ltd (KARO) share price is $47.76, making it a Buy.

Karooooo Ltd (KARO) 20-Day simple moving average is 46.57, while Karooooo Ltd (KARO) share price is $47.76, making it a Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 47.176, while Karooooo Ltd (KARO) share price is $47.76, making it a Buy.

Karooooo Ltd (KARO) 200-Day simple moving average is 48.814, while Karooooo Ltd (KARO) share price is $47.76, making it a Sell.

Karooooo Ltd (KARO) 250-Day simple moving average is 47.87, while Karooooo Ltd (KARO) share price is $47.76, making it a Sell.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for KARO?

The overall technical consensus for Karooooo Ltd (KARO) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 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 44.752 and a major resistance level at 48.547. Traders also monitor the pivot point at 46.376 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 53.451. 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 -0.106, suggesting KARO is Neutral. 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 $47.76, which is below its 200-day simple moving average of 48.814. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.