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S&P 500 market breadth

Trading session ·

On 2026-02-04, the S&P 500 Breadth Score was 730.22 out of 1100 (Strong), equivalent to 66.38% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

730.22/ 1100

Equivalent to 66.38% 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

39.13%

Weak

9 of 23 eligible securities above SMA20

Consumer Discretionary

66.67%

Strong

32 of 48 eligible securities above SMA20

Consumer Staples

97.22%

Extreme Strength

35 of 36 eligible securities above SMA20

Energy

100.00%

Extreme Strength

22 of 22 eligible securities above SMA20

Financials

56.58%

Neutral

43 of 76 eligible securities above SMA20

Health Care

41.67%

Neutral

25 of 60 eligible securities above SMA20

Industrials

72.15%

Strong

57 of 79 eligible securities above SMA20

80 constituents · 1 verified exclusion · 98.75% coverage

Materials

88.46%

Extreme Strength

23 of 26 eligible securities above SMA20

Real Estate

64.52%

Strong

20 of 31 eligible securities above SMA20

Information Technology

32.86%

Weak

23 of 70 eligible securities above SMA20

Utilities

70.97%

Strong

22 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.