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S&P 500 market breadth

Trading session ·

On 2025-10-31, the S&P 500 Breadth Score was 381.94 out of 1100 (Weak), equivalent to 34.72% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

381.94/ 1100

Equivalent to 34.72% 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

29.17%

Weak

7 of 24 eligible securities above SMA20

Consumer Discretionary

26.53%

Weak

13 of 49 eligible securities above SMA20

Consumer Staples

21.62%

Weak

8 of 37 eligible securities above SMA20

Energy

45.45%

Neutral

10 of 22 eligible securities above SMA20

Financials

30.67%

Weak

23 of 75 eligible securities above SMA20

Health Care

50.00%

Neutral

30 of 60 eligible securities above SMA20

Industrials

51.90%

Neutral

41 of 79 eligible securities above SMA20

Materials

34.62%

Weak

9 of 26 eligible securities above SMA20

27 constituents · 1 verified exclusion · 96.30% coverage

Real Estate

12.90%

Extreme Weakness

4 of 31 eligible securities above SMA20

Information Technology

66.18%

Strong

45 of 68 eligible securities above SMA20

Utilities

12.90%

Extreme Weakness

4 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.