KAROOOOO LTD (KARO) Stock Technical Analysis
USA - NASDAQ:KARO - SGXZ19450089 - Common Stock
We assign a technical rating of 1 out of 10 to KARO. KARO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of KARO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.91
We found 3 important support areas.
- A support zone ranging from 44.79 to 45.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 43.89 to 44.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.29 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @46.24 from a horizontal line in the daily time frame.
- Resistance @53.85 from a trend line in the daily time frame.
- Resistance @59.80 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for KARO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KARO is down. |
| ChartMill Relative Strength | 56.55 | NEUTRAL | KARO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KARO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KARO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KARO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.36 | NEUTRAL | The RSI value for KARO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests KARO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.21 | OVERSOLD | The low Stochastics value suggests KARO may be oversold. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for KARO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.48 | POSITIVE | The high ADX value value for KARO suggests a strong trend. |
NASDAQ:KARO (10/24/2025, 11:35:05 AM)
46.03
+0.03 (+0.07%)
KAROOOOO LTD / KARO FAQ
What is the technical rating for KARO stock?
ChartMill assigns a technical rating of 1 / 10 to KARO.
What is the current trend direction of KAROOOOO LTD (KARO) stock?
The current trend direction for KAROOOOO LTD (KARO) is Bearish.
What is the RSI signal for KAROOOOO LTD (KARO) stock?
KAROOOOO LTD (KARO) has an RSI value of 38.3587. This indicates that the stock is currently neutral.
What is the short term momentum for KARO stock?
The short term momentum for KAROOOOO LTD (KARO) is negative.