S&P 500 market breadth
Trading session ·
On 2025-09-16, the S&P 500 Breadth Score was 431.73 out of 1100 (Weak), equivalent to 39.25% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
431.73/ 1100
Equivalent to 39.25% Sector Balanced Breadth.
Weak
Broad participation is weak 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.
Across the index
Sector participation
Communication Services
45.83%
Neutral
11 of 24 eligible securities above SMA20
Consumer Discretionary
49.02%
Neutral
25 of 51 eligible securities above SMA20
Consumer Staples
29.73%
Weak
11 of 37 eligible securities above SMA20
Energy
68.18%
Strong
15 of 22 eligible securities above SMA20
Financials
22.67%
Weak
17 of 75 eligible securities above SMA20
Health Care
28.33%
Weak
17 of 60 eligible securities above SMA20
Industrials
39.74%
Weak
31 of 78 eligible securities above SMA20
Materials
26.92%
Weak
7 of 26 eligible securities above SMA20
Real Estate
41.94%
Neutral
13 of 31 eligible securities above SMA20
Information Technology
63.24%
Strong
43 of 68 eligible securities above SMA20
Utilities
16.13%
Extreme Weakness
5 of 31 eligible securities above SMA20
This page shows the published result for this trading session. Read the calculation methodology for the formula, historical membership sources and eligibility rules.