S&P 500 market breadth
Trading session ·
On 2025-10-23, the S&P 500 Breadth Score was 637.84 out of 1100 (Neutral), equivalent to 57.99% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
637.84/ 1100
Equivalent to 57.99% 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
37.50%
Weak
9 of 24 eligible securities above SMA20
Consumer Discretionary
60.00%
Strong
30 of 50 eligible securities above SMA20
Consumer Staples
51.35%
Neutral
19 of 37 eligible securities above SMA20
Energy
54.55%
Neutral
12 of 22 eligible securities above SMA20
Financials
28.00%
Weak
21 of 75 eligible securities above SMA20
Health Care
73.33%
Strong
44 of 60 eligible securities above SMA20
Industrials
53.16%
Neutral
42 of 79 eligible securities above SMA20
Materials
65.38%
Strong
17 of 26 eligible securities above SMA20
Real Estate
70.97%
Strong
22 of 31 eligible securities above SMA20
Information Technology
66.18%
Strong
45 of 68 eligible securities above SMA20
Utilities
77.42%
Strong
24 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.