Klaviyo Inc-A (NYSE:KVYO) – A Strong Technical Setup in a High-Growth SaaS Stock

Klaviyo Inc-A (NYSE:KVYO) has emerged as a notable technical breakout candidate, scoring well on both trend strength and setup quality. The stock’s recent consolidation and improving momentum make it worth a closer look for traders seeking well-defined setups.

Technical Strength

KVYO holds a Technical Rating of 8, reflecting solid momentum and relative strength. Key observations from the technical report:

• The short-term trend is positive, with the stock gaining traction among traders.
• It outperforms 88% of all stocks over the past year and ranks above 74% of software industry peers.
• The stock trades above key moving averages (20-day and 50-day SMA), reinforcing bullish near-term momentum.
• Liquidity is strong, with an average daily volume of 2.54 million shares, reducing slippage risk.

While the long-term trend remains neutral, recent price action suggests renewed buying interest.

Setup Quality

KVYO’s Setup Rating of 9 highlights a well-formed consolidation pattern, often a precursor to a breakout. Key details:

• Prices have stabilized between $32.43 and $37.79, with current levels near the midpoint.
• Support sits at $34.37, providing a logical stop-loss level.
• Resistance is light above $35.22, reducing overhead selling pressure.
• Recent pocket pivot signals and institutional buying interest add further confirmation.

A breakout above $35.23 could trigger a move toward $37.51, with a tight risk-reward ratio (6.4% downside vs. potential upside).

For more breakout candidates, see our Technical Breakout Setups screener.

Disclaimer

This is not investment advice. Always conduct your own analysis and consider risk management before trading.