S&P 500 market breadth
Trading session ·
On 2026-03-18, the S&P 500 Breadth Score was 237.90 out of 1100 (Weak), equivalent to 21.63% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
237.90/ 1100
Equivalent to 21.63% 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
26.09%
Weak
6 of 23 eligible securities above SMA20
Consumer Discretionary
10.42%
Extreme Weakness
5 of 48 eligible securities above SMA20
Consumer Staples
8.33%
Extreme Weakness
3 of 36 eligible securities above SMA20
Energy
72.73%
Strong
16 of 22 eligible securities above SMA20
Financials
6.58%
Extreme Weakness
5 of 76 eligible securities above SMA20
Health Care
3.33%
Extreme Weakness
2 of 60 eligible securities above SMA20
Industrials
7.59%
Extreme Weakness
6 of 79 eligible securities above SMA20
Materials
19.23%
Extreme Weakness
5 of 26 eligible securities above SMA20
Real Estate
16.13%
Extreme Weakness
5 of 31 eligible securities above SMA20
Information Technology
35.21%
Weak
25 of 71 eligible securities above SMA20
Utilities
32.26%
Weak
10 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.