BreadthMarketDaily research

S&P 500 market breadth

Beneath the index. See how broadly S&P 500 stocks participate, measured against their 20-session moving average. Every sector has equal weight.

Session · · Collected
501/503 constituents eligible · 11 sectors · SMA20

Primary market state

Breadth Score

843.59/ 1100

Equivalent to 76.69% Sector Balanced Breadth.

Strong

Broad participation is strong across the S&P 500.

Market-state scale

Sector Balanced Breadth on a 0–1100 scale: 60% becomes 660 points. The same measure, expressed as a score.

How is the score calculated?

Find the share of eligible stocks above their 20-session moving average in each sector, then add the 11 sector percentages to get the Breadth Score. Every sector has equal weight. Divide the score by 11 to get Breadth Percent, also called Sector Balanced Breadth.

Calculation coverage · 501 of 503 constituents eligible · 99.60%

Each sector uses the constituents included in that calculation as its denominator. Stocks may be excluded because of trading-history rules or unavailable price inputs. The full constituent universe and calculation coverage are retained.

Every included stock requires the full 20-session price window and must be strictly above its SMA20 to count as above. Each exclusion records its reason for that session.

· 501/503 eligible · 2 excluded · 99.60%
  • SKYD · Communication Services

    Corporate-action prices not yet comparable · effective

    Comparable historical prices across the October 6, 2026 ticker transition are not yet verified.

  • VYLR · Consumer Staples

    Fewer than 20 genuine trading sessions · effective

    Regular-way trading began October 1, 2026. The distribution announcement explicitly ruled out when-issued trading before distribution; no earlier trading history is assumed.

    Evidence source 1Evidence source 2

Participation over time

Historical breadth

2025-10-23 – 2026-10-22 · 251 sessions

Breadth Score is the sum of all 11 sector breadth percentages, on a scale from 0 to 1,100.

Below 220: Extreme Weakness · 220–<440: Weak · 440–<660: Neutral · 660–<880: Strong · 880 and above: Extreme Strength. Descriptive regimes, not trading signals.

Available-stock sample · coverage 98.21%–100.00%. Missing or unverified stock histories are excluded from each sector’s sample. Earlier split adjustments are not independently verified.

Breadth Score historical rank

Current reading · 2026-10-22 · 843.59 / 1100 · Strong

Breadth 1M percentile
95.45 / 100
Breadth 6M percentile
99.21 / 100
Breadth 1Y percentile
99.20 / 100

Percentile compares the current reading above with daily observations in each period. The current session is included once; only strictly lower readings count. A percentile is a historical rank, not a breadth percentage.

Sector history

Approximate sector history, across the same selected range.

Across the index

Sector participation

Communication Services

57.14%

Neutral

12 of 21 eligible securities above SMA20

22 constituents · 1 exclusion · 95.45% coverage

Consumer Discretionary

74.47%

Strong

35 of 47 eligible securities above SMA20

Consumer Staples

93.94%

Extreme Strength

31 of 33 eligible securities above SMA20

34 constituents · 1 exclusion · 97.06% coverage

Energy

85.71%

Extreme Strength

18 of 21 eligible securities above SMA20

Financials

82.89%

Extreme Strength

63 of 76 eligible securities above SMA20

Health Care

95.00%

Extreme Strength

57 of 60 eligible securities above SMA20

Industrials

61.45%

Strong

51 of 83 eligible securities above SMA20

Materials

83.33%

Extreme Strength

20 of 24 eligible securities above SMA20

Real Estate

83.33%

Extreme Strength

25 of 30 eligible securities above SMA20

Information Technology

36.00%

Weak

27 of 75 eligible securities above SMA20

Utilities

90.32%

Extreme Strength

28 of 31 eligible securities above SMA20

Published daily results

Explore individual trading sessions, including Breadth Score and participation across all 11 sectors.

Browse published history