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S&P 500 market breadth

Trading session ·

On 2026-01-12, the S&P 500 Breadth Score was 693.04 out of 1100 (Strong), equivalent to 63.00% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

693.04/ 1100

Equivalent to 63.00% Sector Balanced Breadth.

Strong

Broad participation is strong 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

34.78%

Weak

8 of 23 eligible securities above SMA20

Consumer Discretionary

72.92%

Strong

35 of 48 eligible securities above SMA20

Consumer Staples

63.89%

Strong

23 of 36 eligible securities above SMA20

Energy

59.09%

Neutral

13 of 22 eligible securities above SMA20

Financials

56.58%

Neutral

43 of 76 eligible securities above SMA20

Health Care

75.00%

Strong

45 of 60 eligible securities above SMA20

Industrials

85.00%

Extreme Strength

68 of 80 eligible securities above SMA20

Materials

96.15%

Extreme Strength

25 of 26 eligible securities above SMA20

Real Estate

48.39%

Neutral

15 of 31 eligible securities above SMA20

Information Technology

52.86%

Neutral

37 of 70 eligible securities above SMA20

Utilities

48.39%

Neutral

15 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.