S&P 500 market breadth
Trading session ·
On 2026-02-23, the S&P 500 Breadth Score was 678.47 out of 1100 (Strong), equivalent to 61.68% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
678.47/ 1100
Equivalent to 61.68% 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
39.58%
Weak
19 of 48 eligible securities above SMA20
Consumer Staples
77.78%
Strong
28 of 36 eligible securities above SMA20
Energy
95.45%
Extreme Strength
21 of 22 eligible securities above SMA20
Financials
19.74%
Extreme Weakness
15 of 76 eligible securities above SMA20
Health Care
63.33%
Strong
38 of 60 eligible securities above SMA20
Industrials
63.29%
Strong
50 of 79 eligible securities above SMA20
Materials
76.92%
Strong
20 of 26 eligible securities above SMA20
Real Estate
70.97%
Strong
22 of 31 eligible securities above SMA20
Information Technology
36.62%
Weak
26 of 71 eligible securities above SMA20
Utilities
100.00%
Extreme Strength
31 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.