Is Karooooo Ltd. technically bullish or bearish?

As of 10 October 2025, the technical trend has changed from bullish to mildly bullish. The weekly MACD and KST indicators are bullish, while the monthly MACD is also bullish, indicating positive momentum. The moving averages are mildly bullish on a daily basis, and the Dow Theory supports a mildly bullish stance on both weekly and monthly time frames. The Bollinger Bands show a sideways trend weekly but are mildly bullish monthly. The RSI shows no signal for both weekly and monthly periods. In terms of performance, Karooooo Ltd. has outperformed the S&P 500 year-to-date with a return of 16.3% compared to the S&P's 11.41%, and over the past year with a return of 20.16% versus 13.36%. However, it has underperformed in the last week and month. Overall, the current technical stance is mildly bullish, driven by the positive momentum from MACD and KST indicators.