Stock Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
KAROOOOO LTD. ORDINARY SHARES (NASDAQ:KARO)
Long-Term Downtrend (-90) - KARO is in a strong downtrend that is likely to continue. While KARO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KARO?
MarketClub looks at technical strength and momentum to determine if the timing is right for KARO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KARO
The long-term trend has been DOWN since Apr 12th, 2021 at 30.16
The intermediate-term trend has been DOWN since Apr 12th, 2021 at 30.16
The short-term trend has been DOWN since Apr 9th, 2021 at 32.46
Smart Scan Analysis for KARO
Based on our trend formula, KARO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||39||52wk High Date||2021-04-01|
|52wk Low||28.35||52wk Low Date||2021-04-01|
|Average Volume||154,254||Shares Outstanding||22,833|