During trading today, both the Capital Goods sector (XLI) and the S&P500 showed little movement.
Although it went in the opposite direction of the market today, the ETF tracked farther from the overall market today than over the past week. Entering today's trading, XLI was up 1.8% over the last seven trading days while the S&P 500 was up 2.3%.
TGC Industries (TGE) was a significant gainer in the sector, rising 14%. The stock closed at $11.41 with 748,876 shares moving. The stock traded in a range of $11.01 to $11.85. Aerosonic Corporation (AIM) also gained today, climbing 30 cents (+10.8%) to close at $3.08.
Armstrong World Industries (AWI) was a major loser in the sector. Its price dropped 5.3% (-$2.45) to close at $44.04, as 838,688 shares moved. The stock traded between $43.64 and $45.59. Over the last month, the share price has dropped $13.32 (-23.2%) from $57.36 on March 29, 2012.
CECO Environmental (CECE) rose 1.2% to close at $8.20, cross its 50-day moving average of $8.10 and 200-day moving average of $6.86. Gardner Denver (GDI) declined 2.8% to close at $65.14, moving below its 50-day moving average of $64.52 and 200-day moving average of $72.11.
BTU International (BTUI) rose 3.2% to close at $2.86, approaching its 50-day moving average of $2.92. It has also moved closer to its 200-day moving average of $3.19. Colfax Corporation (RBN) fell 3.2% to close at $33.89, moving closer to its 50-day moving average of $33.62. Also, the stock moved closer to its 200-day moving average of $48.11.