Karooooo Ltd (KARO) Technical Analysis

$44.20▲-0.36%

Market is closed - opens 8 PM, 06 Dec 2024

Insights

Karooooo Ltd 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 Ltd stock suggests that it is a good time to sell or bad time to initiate a fresh position
Based on analysis of the Moving Averages technical indicator, Karooooo Ltd stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Karooooo Ltd 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	58.17	Neutral
Stochastic	80.98, 90.74	Sell
Ultimate Oscillator	72.1	Sell
Stochastic Relative Strength Index	90.61, 86.1	Neutral
Moving Average Convergence Divergence	0.89, 0.48	Buy

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	41.69	Buy
20	41.02	Buy
50	40.36	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	42.22	Buy
20	41.38	Buy
50	40.2	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	42.22	Neutral
20	41.26	Buy
50	40.64	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	43.42	Buy
20	42.43	Buy
50	41.93	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	44.05	Buy
20	43.01	Buy
50	42.0	Sell

Pivot

Pivot	Value
Resistance L3	50.2
Resistance L2	47.6
Resistance L1	46.2
Pivot Point	43.6
Support L1	42.2
Support L2	39.6
Support L3	38.2

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