S&P 500 market breadth
Trading session ·
On 2026-03-12, the S&P 500 Breadth Score was 273.05 out of 1100 (Weak), equivalent to 24.82% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
273.05/ 1100
Equivalent to 24.82% Sector Balanced Breadth.
Weak
Broad participation is weak 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
12.50%
Extreme Weakness
6 of 48 eligible securities above SMA20
Consumer Staples
11.11%
Extreme Weakness
4 of 36 eligible securities above SMA20
Energy
77.27%
Strong
17 of 22 eligible securities above SMA20
Financials
3.95%
Extreme Weakness
3 of 76 eligible securities above SMA20
Health Care
6.67%
Extreme Weakness
4 of 60 eligible securities above SMA20
Industrials
7.59%
Extreme Weakness
6 of 79 eligible securities above SMA20
Materials
23.08%
Weak
6 of 26 eligible securities above SMA20
Real Estate
9.68%
Extreme Weakness
3 of 31 eligible securities above SMA20
Information Technology
38.03%
Weak
27 of 71 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.