Karooooo Ltd (KARO) Technical Analysis

$47.29▲2.12%

Market is closed - opens 8 PM, 26 Dec 2024

Insights

Karooooo is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Karooooo stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Karooooo stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Karooooo stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	57.96	Neutral
Stochastic	58.94, 51.52	Neutral
Ultimate Oscillator	55.84	Neutral
Stochastic Relative Strength Index	26.61, 20.1	Neutral
Moving Average Convergence Divergence	1.29, 1.41	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	46.55	Buy
20	45.81	Buy
50	42.32	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	46.32	Buy
20	45.43	Buy
50	43.18	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	46.45	Neutral
20	45.48	Neutral
50	42.31	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	46.95	Sell
20	47.23	Buy
50	46.01	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	46.67	Sell
20	47.36	Buy
50	47.02	Buy

Pivot

Pivot	Value
Resistance L3	51.0
Resistance L2	49.44
Resistance L1	47.87
Pivot Point	46.31
Support L1	44.74
Support L2	43.18
Support L3	41.61

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.