BreadthMarketDaily research
Back to the dashboard

S&P 500 market breadth

Trading session ·

On 2026-01-28, the S&P 500 Breadth Score was 618.12 out of 1100 (Neutral), equivalent to 56.19% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

618.12/ 1100

Equivalent to 56.19% 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

30.43%

Weak

7 of 23 eligible securities above SMA20

Consumer Discretionary

37.50%

Weak

18 of 48 eligible securities above SMA20

Consumer Staples

72.22%

Strong

26 of 36 eligible securities above SMA20

Energy

95.45%

Extreme Strength

21 of 22 eligible securities above SMA20

Financials

30.26%

Weak

23 of 76 eligible securities above SMA20

Health Care

36.67%

Weak

22 of 60 eligible securities above SMA20

Industrials

58.75%

Neutral

47 of 80 eligible securities above SMA20

Materials

84.62%

Extreme Strength

22 of 26 eligible securities above SMA20

Real Estate

35.48%

Weak

11 of 31 eligible securities above SMA20

Information Technology

52.86%

Neutral

37 of 70 eligible securities above SMA20

Utilities

83.87%

Extreme Strength

26 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.