ILMN
Outperforming without a clear catalyst yet
- ILMN +2.75% on the last session vs SPY +0.74%: +2.0 pts of stock-specific move.
- Aftermath, rsi overbought (Oct 2): After its 11 overbought readings in the past 5 years, ILMN typically gained 3.2% over the next month (median) and was higher 64% of the time; half the outcomes fell between -1.7% and +10.8%. An ordinary month: -0.1%. Among S&P 500 stocks after overbought readings, that ranks #117 of 501.
- 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 | -0.2%#501 H | -0.2%#446 H | -0.1%#342 H | -2.4%#441 M |
| Big drop Oct 1 (-2.9% or worse) | 61 | +0.4%#176 H | +0.6%#239 H | +1.0%#256 H | +5.9%#211 M |
| Big gain (+3.4% or better) | 69 | +0.4%#174 H | +0.2%#269 H | +0.3%#271 H | +2.0%#251 M |
| Earnings beat | 15 | -2.1%#474 M | -4.1%#412 M | -3.7%#369 M | -7.0%#374 M |
| Earnings miss | 5 | +0.9%#121 L | -2.7%#190 L | -4.4%#199 L | +5.5%#108 L |
| 52-week high | 6 | +2.6%#2 L | +5.6%#74 L | +11.5%#42 L | +21.9%#170 L |
| 52-week low | 6 | -0.4%#180 L | -4.6%#252 L | -11.5%#257 L | -8.7%#152 L |
| Crossed above 200-day avg | 7 | -1.1%#311 L | -6.4%#446 L | -4.1%#446 L | -8.3%#299 L |
| Crossed below 200-day avg | 7 | -0.4%#315 L | -6.4%#447 L | -4.9%#437 L | -6.8%#330 L |
| RSI oversold | 12 | -1.7%#471 M | -2.9%#452 M | -7.7%#413 M | -0.2%#289 M |
| RSI overbought latest session | 13 | -0.4%#283 M | -0.7%#259 M | +3.2%#117 M | +2.5%#214 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 ILMN's own: its worst / best 10% of days over the prior 2 years. Highlighted: happening in the latest session.
RSI overbought
The 14-day RSI rises above 70.
| 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 | 12 | -0.42% (-2.9 to +0.8) | Medium | #283 of 501 | 50% | -0.38% |
-4%
+3%
|
|
| 1 week | 12 | -0.69% (-2.6 to +5.9) | Medium | #259 of 501 | 42% | -0.03% |
-8%
+12%
|
|
| 1 month | 11 | +3.25% (-1.0 to +7.6) | Medium | #117 of 501 | 64% | +1.53% |
-9%
+17%
|
|
| 1 quarter | 10 ≈7 indep. | +2.49% (-1.8 to +19.0) | Low | #214 of 501 | 60% | -3.07% |
-13%
+50%
|
Range of outcomes: all of ILMN's overbought 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 overbought by trend
| When it happened | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Long trendAbove its 200-day avg now | 10 | -1.0%M vs -0.1% | -1.3%M vs +0.2% | +3.7%M vs +4.5% | +9.6%L vs -0.3% |
| Below its 200-day avg | 3 | +1.0%L vs -0.2% | +6.6%L vs -0.1% | +1.6%L vs -1.6% | -1.0%L vs +1.4% |
| Medium trendAbove its 50-day avg now | 13 | -0.4%M vs -0.1% | -0.7%M vs -0.1% | +3.2%M vs +2.6% | +2.5%L vs -2.2% |
| Below its 50-day avg | — | — | — | — | — |
| Short trendAbove its 20-day avg now | 13 | -0.4%M vs -0.2% | -0.7%M vs -0.4% | +3.2%M vs +2.7% | +2.5%L vs -1.4% |
| Below its 20-day avg | — | — | — | — | — |
The same event split by where ILMN 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 overbought readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Oct 2, 2026 | Oct 2 @ $273.04 | RSI 70.4, +2.8% on the day | … | … | … | … |
| Sep 17, 2026 | Sep 17 @ $245.18 | RSI 70.2, +7.1% on the day | -2.3% | +11.7% | … | … |
| Aug 24, 2026 | Aug 24 @ $223.22 | RSI 71.3, +1.7% on the day | +0.8% | -4.3% | +14.4% | … |
| Jun 29, 2026 | Jun 29 @ $181.10 | RSI 70.2, +2.6% on the day | -2.9% | +5.9% | +7.6% | +50.1% |
| May 28, 2026 | May 28 @ $158.70 | RSI 76.1, +5.7% on the day | +2.7% | +5.9% | +14.1% | +43.5% |
| Jan 6, 2026 | Jan 6 @ $147.11 | RSI 72.8, +4.1% on the day | +2.1% | -0.1% | -9.2% | -13.0% |
| Nov 25, 2025 | Nov 25 @ $129.64 | RSI 70.8, +2.9% on the day | +0.1% | -1.3% | +4.1% | +3.7% |
| Oct 31, 2025 | Oct 31 @ $123.54 | RSI 74.5, +24.8% on the day | -2.9% | -1.3% | +3.2% | +9.6% |
| Jul 24, 2025 | Jul 24 @ $107.64 | RSI 72.1, +2.9% on the day | +1.5% | -4.6% | -5.4% | -9.7% |
| Jun 25, 2025 | Jun 25 @ $93.23 | RSI 70.0, +1.9% on the day | +1.0% | +7.6% | +17.2% | +1.3% |
| Oct 14, 2024 | Oct 14 @ $149.07 | RSI 71.0, +2.4% on the day | -1.0% | -2.6% | -1.0% | -8.6% |
| Jul 16, 2024 | Jul 16 @ $125.23 | RSI 72.8, +7.4% on the day | -4.3% | -7.7% | -2.4% | +19.0% |
| Dec 14, 2023 | Dec 14 @ $127.91 | RSI 70.0, +3.8% on the day | -3.3% | +6.6% | +1.6% | -1.0% |
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.