Capital Goods Sector Wrap

Published July 17, 2012

| FOXBusiness

While the S&P 500 grew 0.7%, the Capital Goods sector (XLI) showed little movement during trading today.

Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. At the start of trading today, XLI was down 0.5% over the last thirty trading days while the S&P 500 was up 1.7%.

U.S. Lime & Minerals (USLM) fell 3.8% to close at $50.05, crossing its 50-day moving average of $46.73. Meanwhile, Fuel Tech (FTEK) climbed 17.9% to close at $5.39, moving past its 200-day moving average of $5.12.

The Timken Company (TKR) rose 3.5% to close at $42.50, approaching its 50-day moving average of $45.21. It has also moved closer to its 200-day moving average of $48.11.

Ducommun Incorporated (DCO) was a major loser in the sector, falling 6.1% (-64 cents) to close at $9.92 with 111,291 shares moving. The stock traded in a range of $9.87 to $10.87. Share price is up $1.73 (21.1%) from $8.19 on June 15, 2012.

Argan (AGX) was a significant gainer in the sector, rising 4.5%. The stock closed at $16.36 with 17,981 shares moving. The stock traded in a range of $15.43 to $16.37. The stock has been on an upward trajectory over the last two months, climbing $2.46 (17.7%) from a price of $13.90 on May 17, 2012.

Valmont Industries (VMI) hit a new 52-week high today, reaching $132 to top the previous high of $130.78.

Alliant Techsystems (ATK) hit a new 52-week low today, hitting $45.04 to fall below the previous low of $45.21.

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