EL
Outperforming without a clear catalyst yet
- EL +1.97% on the last session vs SPY +0.74%: +1.2 pts of stock-specific move.
- Aftermath, crossed above 200-day avg (Oct 2): After its 8 crosses above the 200-day average in the past 5 years, EL typically lost 5.1% over the next month (median) and was higher only 38% of the time; half the outcomes fell between -12.1% and +2.2%. An ordinary month: -2.4%. Among S&P 500 stocks after crosses above the 200-day average, that ranks #362 of 497.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
After each kind of event
| Event | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Any day | 1,255 | -0.1%#488 H | -0.3%#491 H | -2.4%#480 H | -7.3%#496 M |
| Big drop (-2.9% or worse) | 67 | +0.2%#200 H | -0.5%#464 H | +1.2%#261 H | +1.2%#285 M |
| Big gain (+3.3% or better) | 62 | 0.0%#267 H | +0.5%#215 H | -1.3%#339 H | +1.7%#291 M |
| Earnings beat | 18 | +0.5%#211 M | +1.8%#131 M | -2.6%#445 M | -11.5%#409 M |
| Earnings miss | 1 | -0.8%– | -0.7%– | -6.8%– | -14.9%– |
| 52-week high | 3 | +1.3%#167 L | +1.7%#124 L | -8.3%#388 L | -10.5%– |
| 52-week low | 10 | -0.5%#211 M | -1.5%#249 M | -4.1%#237 M | -4.6%#202 L |
| Crossed above 200-day avg latest session | 9 | +0.3%#181 M | +0.3%#248 M | -5.1%#362 M | -21.5%#437 L |
| Crossed below 200-day avg Oct 1 | 7 | +0.1%#227 L | +1.2%#215 L | -5.6%#355 L | -20.2%#491 L |
| RSI oversold | 19 | +0.1%#269 M | -1.2%#426 M | -0.9%#410 M | -5.4%#450 M |
| RSI overbought | 7 | -1.2%#477 L | +1.2%#121 L | -4.3%#417 L | -13.3%#426 L |
| Reddit spike | — | — | — | — | — |
| Analyst upgrade | — | — | — | — | — |
| Analyst downgrade | — | — | — | — | — |
| Insider buy | — | — | — | — | — |
| Insider unplanned sale | — | — | — | — | — |
Median gain from the close of the session the event was known, over each holding period; #rank among the S&P 500 stocks after the same kind of event (#1 = best). "Big" is EL's own: its worst / best 10% of days over the prior 2 years. Highlighted: happening in the latest session.
RSI oversold
The 14-day RSI falls below 30.
| Holding | Events | Median (likely range) | Confidence | Rank | Up | vs SPY | Range of outcomes (worst · 25–75% · median · best) | vs S&P 500 stocks (their medians) |
|---|---|---|---|---|---|---|---|---|
| 1 day | 19 | +0.06% (-0.8 to +1.8) | Medium | #269 of 496 | 58% | +0.22% |
-3%
+4%
|
|
| 1 week | 19 | -1.16% (-3.8 to +0.1) | Medium | #426 of 496 | 37% | -1.94% |
-11%
+16%
|
|
| 1 month | 19 ≈17 indep. | -0.89% (-5.3 to +1.2) | Medium | #410 of 495 | 42% | -5.51% |
-14%
+25%
|
|
| 1 quarter | 19 ≈11 indep. | -5.45% (-12.8 to +4.4) | Medium | #450 of 493 | 47% | -9.32% |
-30%
+62%
|
Range of outcomes: all of EL's oversold readings in the past 5 years, from the worst to the best result over each holding period; the box holds the middle half, the tick is the median. A wide box means the median alone says little. Hover the median for the average.
RSI oversold by trend
| When it happened | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Long trendAbove its 200-day avg now | — | — | — | — | — |
| Below its 200-day avg | 17 | +0.1%M vs -0.1% | -0.9%M vs -0.3% | -3.6%M vs -2.6% | -5.4%M vs -6.1% |
| Medium trendAbove its 50-day avg | — | — | — | — | — |
| Below its 50-day avg now | 19 | +0.1%M vs -0.1% | -1.2%M vs -0.4% | -0.9%M vs -3.3% | -5.4%M vs -7.0% |
| Short trendAbove its 20-day avg | — | — | — | — | — |
| Below its 20-day avg now | 19 | +0.1%M vs -0.1% | -1.2%M vs -0.7% | -0.9%M vs -3.5% | -5.4%M vs -8.1% |
The same event split by where EL stood against its 200-, 50- and 20-day averages when it happened (a dip in an uptrend vs a falling knife); "vs" is the plain any-day median in that trend; "now" marks where it stands today. Splitting halves the evidence, so watch the confidence letters: H / M / L.
Latest oversold readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Apr 7, 2026 | Apr 7 @ $68.67 | RSI 29.7, -2.5% on the day | +3.3% | +10.5% | +25.3% | +18.7% |
| Mar 12, 2026 | Mar 12 @ $83.68 | RSI 25.2, -7.9% on the day | +4.3% | +1.6% | -11.6% | +4.8% |
| Apr 4, 2025 | Apr 4 @ $51.72 | RSI 25.8, -9.0% on the day | 0.0% | +4.3% | +10.6% | +62.5% |
| Feb 5, 2025 | Feb 5 @ $64.13 | RSI 29.8, -5.1% on the day | -2.5% | +4.7% | +11.7% | -9.7% |
| Oct 31, 2024 | Oct 31 @ $66.73 | RSI 17.9, -20.9% on the day | -3.4% | -3.8% | +10.7% | +1.2% |
| Aug 1, 2024 | Aug 1 @ $93.32 | RSI 29.3, -2.5% on the day | -1.7% | -5.6% | -4.9% | -9.6% |
| Jun 28, 2024 | Jun 28 @ $102.24 | RSI 25.7, -4.0% on the day | -1.0% | +0.1% | -6.5% | -5.4% |
| Jun 12, 2024 | Jun 12 @ $109.56 | RSI 26.8, -3.0% on the day | +0.1% | -1.2% | -11.4% | -25.6% |
| Oct 27, 2023 | Oct 27 @ $117.86 | RSI 23.9, -7.2% on the day | +2.8% | -10.9% | +1.2% | +8.3% |
| Sep 26, 2023 | Sep 26 @ $132.14 | RSI 26.6, -4.0% on the day | +0.3% | +1.0% | -3.6% | +4.4% |
| Aug 15, 2023 | Aug 15 @ $154.12 | RSI 29.5, -2.2% on the day | -0.8% | -8.5% | -5.3% | -30.2% |
| Jul 27, 2023 | Jul 27 @ $163.47 | RSI 29.8, -2.6% on the day | +4.0% | -0.9% | -11.7% | -22.1% |
| Jun 9, 2023 | Jun 9 @ $166.38 | RSI 28.1, -2.5% on the day | +1.8% | +15.5% | +8.2% | -12.8% |
| May 22, 2023 | May 22 @ $185.95 | RSI 29.2, -1.0% on the day | -3.1% | -2.7% | -0.9% | -24.2% |
| May 3, 2023 | May 3 @ $190.39 | RSI 20.9, -17.3% on the day | -0.8% | -0.7% | -6.8% | -14.9% |
Aftermath: entry is the close of the first session the event was fully known (the same session for price moves, the reaction session for earnings, the next session for Reddit, analyst and insider events, which are dated by day). Repeats within a few sessions count as one event. Past performance after an event says nothing certain about the next one. Not advice.