KARO (NASDAQ)

KARO NASDAQ

Karooooo

SELL

54.77

Prev.Close

55.39

Change

-0.6200

Change%

-1.12%

BEARISH DESCENDING HAWK

Sold at

54.76

Open

54.92

High

55.03

Low

53.35

54.77

0.00%

Signal History

Date	Price	Signal	Change%		$100⇨
09/12	54.77	SELL	0.0%		149
08/26	50.74	BUY	+7.9%	✔	138
08/20	47.20	SELL	+7.5%	❌	139
08/13	47.30	BUY	-0.2%	❌	139
07/31	46.38	SHORT	+2.0%	❌	143
07/28	48.18	BUY	-3.7%	❌	149
07/24	47.78	SELL	+0.8%	❌	149
07/21	50.84	BUY	-6.0%	❌	159
07/10	50.06	SHORT	+1.6%	❌	162
06/27	47.69	BUY	+5.0%	✔	155
06/09	57.50	SELL	-17.1%	✔	155
05/27	54.04	BUY	+6.4%	✔	146
05/21	53.99	SELL	+0.1%	❌	147
04/22	40.47	BUY	+33.4%	✔ 👍	110
03/27	43.24	SHORT	-6.4%	✔	104
03/17	41.35	BUY	+4.6%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 55.01, and our valid average selling price now stands at 54.77. The previous BUY signal was issued on 08/26/2025, 17 days ago, when the stock price was 50.74. Since then, KARO has risen by +7.93%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		$100⇨
09/12	54.77	SELL	0.0%		145
08/26	50.74	BUY	+7.9%	✔	134
08/20	47.20	SELL	+7.5%	❌	134
08/13	47.30	BUY	-0.2%	❌	135
07/31	46.38	SHORT	+2.0%	❌	138
07/28	48.18	BUY	-3.7%	❌	144
07/24	47.78	SELL	+0.8%	❌	145
07/21	50.84	BUY	-6.0%	❌	154
07/10	50.06	SHORT	+1.6%	❌	157
06/27	47.69	BUY	+5.0%	✔	150
06/09	57.50	SELL	-17.1%	✔	151
05/27	54.04	BUY	+6.4%	✔	142
05/21	53.99	SELL	+0.1%	❌	142
04/22	40.47	BUY	+33.4%	✔ 👍	107
03/27	43.24	SHORT	-6.4%	✔	101
03/17	41.35	BUY	+4.6%	✔	97
02/14	48.06	SELL	-14.0%	✔	97
02/10	46.03	BUY	+4.4%	✔	93
02/06	46.25	SELL	-0.5%	✔	93
01/23	45.38	BUY	+1.9%	✔	92
01/13	47.83	SHORT	-5.1%	✔	88
12/20	46.62	BUY	+2.6%	✔	86
12/05	44.20	SELL	+5.5%	❌	86
11/18	39.78	BUY	+11.1%	✔ 👍	77
11/14	38.39	SELL	+3.6%	❌	78
11/08	40.10	BUY	-4.3%	❌	81
11/01	38.41	SELL	+4.4%	❌	81
10/29	40.34	BUY	-4.8%	❌	86
10/24	38.66	SHORT	+4.3%	❌	90
10/09	39.80	BUY	-2.9%	❌	93
09/30	40.10	SELL	-0.7%	✔	93
09/17	39.84	BUY	+0.6%	✔	93
09/03	36.94	SELL	+7.9%	❌	93
08/27	36.57	BUY	+1.0%	✔	92
08/20	35.89	SELL	+1.9%	❌	92
08/16	37.69	BUY	-4.8%	❌	97
08/12	34.95	SHORT	+7.8%	❌	106
08/07	36.51	BUY	-4.3%	❌	111
08/02	36.94	SELL	-1.2%	✔	111
07/29	34.78	BUY	+6.2%	✔	105