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S&P 500 market breadth

Trading session ·

On 2025-11-20, the S&P 500 Breadth Score was 324.49 out of 1100 (Weak), equivalent to 29.50% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

324.49/ 1100

Equivalent to 29.50% 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

37.50%

Weak

9 of 24 eligible securities above SMA20

Consumer Discretionary

16.33%

Extreme Weakness

8 of 49 eligible securities above SMA20

Consumer Staples

54.05%

Neutral

20 of 37 eligible securities above SMA20

Energy

45.45%

Neutral

10 of 22 eligible securities above SMA20

Financials

26.67%

Weak

20 of 75 eligible securities above SMA20

Health Care

51.67%

Neutral

31 of 60 eligible securities above SMA20

Industrials

18.99%

Extreme Weakness

15 of 79 eligible securities above SMA20

Materials

23.08%

Weak

6 of 26 eligible securities above SMA20

Real Estate

16.13%

Extreme Weakness

5 of 31 eligible securities above SMA20

Information Technology

8.82%

Extreme Weakness

6 of 68 eligible securities above SMA20

69 constituents · 1 verified exclusion · 98.55% coverage

Utilities

25.81%

Weak

8 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.