KAROOOOO LTD (KARO)
SGXZ19450089 - Common Stock
Overall KARO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KARO is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, KARO did better than 87% of all other stocks. On top of that, KARO also shows a nice and consistent pattern of rising prices.
KARO is part of the Software industry. There are 282 other stocks in this industry. KARO outperforms 77% of them.
KARO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KARO is lagging the market slightly.
In the last month KARO has a been trading in the 35.51 - 45.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
KARO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 38.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
28.45
39.33
We found 4 important support areas.
- A support zone ranging from 38.18 to 38.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.99 from a horizontal line in the daily time frame.
- Support @32.21 from a trend line in the daily time frame.
- Support @28.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.87
Mansfield1.7
10 Day High45.99
10 Day Low37
20 Day High45.99
20 Day Low35.51
52 Week High45.99
52 Week Low21.26
Performance
1 Week-2.16%
2 Weeks-1.42%
1 Month0.46%
3 Month13.79%
6 Month43.74%
12 Month63.82%
2 Year55.76%
3 Year10.63%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)48.43
LBB35.74
UBB44.16
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.23 | 38.17 | 2.06 (5.12%) | 19.53% |
| An entry @40.23. This is a Buy Stop order right above the 10 day moving average. | An exit @38.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.06 points, which is 5.12%. | When investing 19.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KARO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KAROOOOO LTD
NASDAQ:KARO (10/16/2024, 8:42:30 PM)
After market: 38.26 -0.68 (-1.75%)38.94
+0.54 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.41%
1 Week-2.16%
2 Weeks-1.42%
1 Month0.46%
3 Month13.79%
6 Month43.74%
12 Month63.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.82
ATR(20)%6.32%
ATR Inc
Range Today2.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.99
10 Day Low37
20 Day High45.99
20 Day Low35.51
52 Week High45.99
52 Week Low21.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume339.30K
Volume Incr372.83%
Vol(5)132.13K
Vol(50)38.28K