On Friday, Klaviyo Inc (KVYO) shares reached an oversold status with a Relative Strength Index (RSI) reading of 29.8 after trading as low as $29.43 per share. This contrasts with the S&P 500 ETF (SPY), which has an RSI of 49.2. A low RSI suggests heavy selling may be nearing its end, prompting bullish investors to consider potential buying opportunities.
Klaviyo’s 52-week price range is between $22.12 and $49.55, with the last trade recorded at $29.70 per share.