S&P 500 market breadth
Trading session ·
On 2025-11-04, the S&P 500 Breadth Score was 347.75 out of 1100 (Weak), equivalent to 31.61% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
347.75/ 1100
Equivalent to 31.61% 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
25.00%
Weak
6 of 24 eligible securities above SMA20
Consumer Discretionary
24.49%
Weak
12 of 49 eligible securities above SMA20
Consumer Staples
21.62%
Weak
8 of 37 eligible securities above SMA20
Energy
40.91%
Neutral
9 of 22 eligible securities above SMA20
Financials
41.33%
Neutral
31 of 75 eligible securities above SMA20
Health Care
50.00%
Neutral
30 of 60 eligible securities above SMA20
Industrials
40.51%
Neutral
32 of 79 eligible securities above SMA20
Materials
24.00%
Weak
6 of 25 eligible securities above SMA20
26 constituents · 1 verified exclusion · 96.15% coverage
Real Estate
22.58%
Weak
7 of 31 eligible securities above SMA20
Information Technology
41.18%
Neutral
28 of 68 eligible securities above SMA20
69 constituents · 1 verified exclusion · 98.55% coverage
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.