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 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 | 12 | -1.68% (-2.8 to -0.7) | Medium | #471 of 496 | 25% | -1.90% |
-6%
+1%
|
|
| 1 week | 12 | -2.87% (-5.7 to -1.1) | Medium | #452 of 496 | 17% | -2.61% |
-10%
+8%
|
|
| 1 month | 12 | -7.70% (-13.8 to +2.0) | Medium | #413 of 495 | 42% | -5.51% |
-24%
+20%
|
|
| 1 quarter | 12 ≈8 indep. | -0.20% (-27.0 to +9.2) | Medium | #289 of 493 | 50% | -3.11% |
-42%
+36%
|
Range of outcomes: all of ILMN'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 | 1 | -2.1%– vs -0.1% | -2.4%– vs +0.2% | +2.2%– vs +4.5% | +18.5%– vs -0.3% |
| Below its 200-day avg | 8 | -1.7%M vs -0.2% | -3.7%M vs -0.1% | -8.5%M vs -1.6% | +3.2%L vs +1.4% |
| Medium trendAbove its 50-day avg now | — | — | — | — | — |
| Below its 50-day avg | 11 | -2.1%M vs -0.2% | -3.3%M vs -0.3% | -8.8%M vs -1.5% | +2.5%L vs -0.6% |
| Short trendAbove its 20-day avg now | — | — | — | — | — |
| Below its 20-day avg | 12 | -1.7%M vs -0.1% | -2.9%M vs -0.1% | -7.7%M vs -1.5% | -0.2%M vs -2.9% |
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 oversold readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Feb 6, 2026 | Feb 6 @ $119.72 | RSI 27.9, -10.4% on the day | -2.1% | -2.4% | +2.2% | +18.5% |
| Mar 26, 2025 | Mar 26 @ $82.83 | RSI 29.4, -5.4% on the day | -0.7% | -1.1% | -6.6% | +13.7% |
| Feb 7, 2025 | Feb 7 @ $111.06 | RSI 23.6, -9.6% on the day | -5.5% | -9.7% | -23.9% | -31.8% |
| May 29, 2024 | May 29 @ $98.99 | RSI 26.5, -3.1% on the day | -0.7% | +4.9% | +5.4% | +33.0% |
| Nov 10, 2023 | Nov 10 @ $95.69 | RSI 26.1, -8.1% on the day | -5.7% | -4.1% | +19.6% | +36.0% |
| Oct 18, 2023 | Oct 18 @ $121.06 | RSI 28.9, -5.6% on the day | -3.6% | -8.5% | -23.5% | +9.2% |
| Sep 11, 2023 | Sep 11 @ $150.53 | RSI 30.0, -2.3% on the day | -2.8% | -8.0% | -10.3% | -27.0% |
| Aug 16, 2023 | Aug 16 @ $164.92 | RSI 28.0, -3.7% on the day | +0.1% | -3.3% | -13.8% | -42.5% |
| May 2, 2023 | May 2 @ $189.84 | RSI 29.2, -3.5% on the day | +0.7% | -0.5% | +2.0% | -2.9% |
| Jun 13, 2022 | Jun 13 @ $189.02 | RSI 28.3, -4.8% on the day | -2.5% | -5.7% | -8.8% | +2.5% |
| Apr 26, 2022 | Apr 26 @ $293.23 | RSI 29.6, -5.5% on the day | -1.3% | -0.2% | -19.6% | -31.3% |
| Dec 3, 2021 | Dec 3 @ $337.82 | RSI 25.8, -2.9% on the day | +1.3% | +7.8% | +7.2% | -8.9% |
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.