The letter L in the model number tells you that what you have is a Limit controller, which will latch the main control output on an PV excursion through the setpoint, requiring a push of the reset key to unlatch the output.
You can change the relay action, the opening/closing of the output relay, with the parameter LOorHI in the Limit Group.
The LO setting keeps the relay closed above SP, latches open below setpoint.
That model has alarm relays that automatically reset according to the hysteresis setting, if the main control output latching won't work for you.