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S&P 500 market breadth

Trading session ·

On 2025-12-23, the S&P 500 Breadth Score was 608.13 out of 1100 (Neutral), equivalent to 55.28% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

608.13/ 1100

Equivalent to 55.28% 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

69.57%

Strong

16 of 23 eligible securities above SMA20

Consumer Discretionary

56.25%

Neutral

27 of 48 eligible securities above SMA20

Consumer Staples

27.78%

Weak

10 of 36 eligible securities above SMA20

Energy

40.91%

Neutral

9 of 22 eligible securities above SMA20

Financials

90.79%

Extreme Strength

69 of 76 eligible securities above SMA20

Health Care

51.67%

Neutral

31 of 60 eligible securities above SMA20

Industrials

67.50%

Strong

54 of 80 eligible securities above SMA20

Materials

73.08%

Strong

19 of 26 eligible securities above SMA20

Real Estate

45.16%

Neutral

14 of 31 eligible securities above SMA20

Information Technology

62.86%

Strong

44 of 70 eligible securities above SMA20

Utilities

22.58%

Weak

7 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.