Published April 19, 2012
During trading today, the S&P 500 dropped 0.6%, and the Capital Goods sector (XLI) showed little change.
The ETF is trading at 1.7% of its 50-day moving average while exceeding its 200-day moving average by 103.9%.
BlueLinx Holdings (BXC) was a significant gainer in the sector, rising 9.1%. The stock closed at $2.65 with 12,975 shares moving. The stock traded in a range of $2.39 to $2.75. Share price is up 6 cents (2.2%) from $2.71 on March 20, 2012.
Rockwell Collins (COL) declined 4.8% to close at $55.85, moving below its 50-day moving average of $57.88 and 200-day moving average of $56.33. Capstone Turbine Corporation (CPST) rose 8.8% to close at $1.11, crossing its 50-day moving average of $1.05.
Kratos Defense & Security Solutions (KTOS) rose 1.1% to close at $5.50, approaching its 50-day moving average of $5.85. It has also moved closer to its 200-day moving average of $6.36. Valmont Industries (FLR) fell 1.6% to close at $118.34, moving closer to its 50-day moving average of $115.75. Also, the stock moved closer to its 200-day moving average of $56.94.
Twin Disc Incorporated (TWIN) was one of the sector's big losers, as its price dropped 4.8% (-$1.12) to close at $22.18. 151,200 shares of the stock moved. The stock traded between $21.91 and $23.39. The stock is down over the last two months, having fallen $11.49 (-34.1%) from a price of $33.67 on February 21, 2012.
Embraer (ERJ) hit a new 52-week high today, reaching $35.30 to top the previous high of $35.29.