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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.845, suggesting KARO.O is Strong buy.

Karooooo Ltd (KARO.O) 20-Day simple moving average is 47.788, while Karooooo Ltd (KARO.O) share price is $49.99, making it Buy.

Karooooo Ltd (KARO.O) 60-Day simple moving average is 46.286, while Karooooo Ltd (KARO.O) share price is $49.99, making it Buy.

Technical Analysis for KARO

Technical Sentiment Analysis for Karooooo Ltd (KARO) As of 2026-02-06, Karooooo Ltd (KARO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 13 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 58.45, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.845, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.37 and the Commodity Channel Index (CCI) at 52.717 further confirm a 0.14 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KARO is trading below its 60-day moving average of $46.286 and below its 200-day long-term moving average of $48.829. Key price levels to watch include the immediate resistance at $51.783 and strong support at $47.233. A break above $51.783 could signal a bull continuation, while falling below $47.233 may test the next Fibonacci floor at $44.892.

Karooooo Ltd (KARO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	42.683	44.892	47.233	49.442	51.783	53.992	56.333
Fibonacci	44.892	46.63	47.704	49.442	51.18	52.254	53.992

Karooooo Ltd (KARO) Technical Indicators

2026-02-06

Name	Value
RSI_14	58.45
STOCHk_14_3_3	70.37
STOCHd_14_3_3	68.88
CCI_20	52.717
AO_5_34	1.888
MOM_10	0.14
MACD_12_26_9	0.845

Karooooo Ltd (KARO) Relative Strength Index (RSI) is 58.45, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic Oscillator is 70.37, creating a Neutral signal.

Karooooo Ltd (KARO) Stochastic RSI is 68.88, creating a Neutral signal.

Karooooo Ltd (KARO) Commodity Channel Index (CCI) is 52.717, creating a Neutral signal.

Karooooo Ltd (KARO) Awesome Oscillator is 1.888, creating a Buy signal.

Karooooo Ltd (KARO) Momentum is 0.14, creating a Buy signal.

Karooooo Ltd (KARO) MACD is 0.845, creating a Buy signal.

Karooooo Ltd (KARO) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	48.964	Buy
MA_10	49.575	Buy
MA_20	47.788	Buy
MA_60	46.286	Buy
MA_200	48.829	Buy
MA_250	47.635	Buy

Karooooo Ltd (KARO) 5-Day simple moving average is 48.964, while Karooooo Ltd (KARO) share price is $49.99, making it a Buy.

Karooooo Ltd (KARO) 10-Day simple moving average is 49.575, while Karooooo Ltd (KARO) share price is $49.99, making it a Buy.

Karooooo Ltd (KARO) 20-Day simple moving average is 47.788, while Karooooo Ltd (KARO) share price is $49.99, making it a Buy.

Karooooo Ltd (KARO) 60-Day simple moving average is 46.286, while Karooooo Ltd (KARO) share price is $49.99, making it a Buy.

Karooooo Ltd (KARO) 200-Day simple moving average is 48.829, while Karooooo Ltd (KARO) share price is $49.99, making it a Buy.

Karooooo Ltd (KARO) 250-Day simple moving average is 47.635, while Karooooo Ltd (KARO) share price is $49.99, 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 7 buy signals and 1 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 47.233 and a major resistance level at 51.783. Traders also monitor the pivot point at 49.442 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 58.45. 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 0.845, 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 $49.99, which is above its 200-day simple moving average of 48.829. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.