S&P 500 market breadth
Trading session ·
On 2025-09-23, the S&P 500 Breadth Score was 539.78 out of 1100 (Neutral), equivalent to 49.07% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
539.78/ 1100
Equivalent to 49.07% Sector Balanced Breadth.
Neutral
Broad participation is mixed 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
50.00%
Neutral
12 of 24 eligible securities above SMA20
Consumer Discretionary
32.00%
Weak
16 of 50 eligible securities above SMA20
Consumer Staples
18.92%
Extreme Weakness
7 of 37 eligible securities above SMA20
Energy
59.09%
Neutral
13 of 22 eligible securities above SMA20
Financials
49.33%
Neutral
37 of 75 eligible securities above SMA20
Health Care
43.33%
Neutral
26 of 60 eligible securities above SMA20
Industrials
45.57%
Neutral
36 of 79 eligible securities above SMA20
Materials
30.77%
Weak
8 of 26 eligible securities above SMA20
Real Estate
51.61%
Neutral
16 of 31 eligible securities above SMA20
Information Technology
72.06%
Strong
49 of 68 eligible securities above SMA20
Utilities
87.10%
Extreme Strength
27 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.