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S&P 500 market breadth

Trading session ·

On 2026-03-20, the S&P 500 Breadth Score was 173.53 out of 1100 (Extreme Weakness), equivalent to 15.78% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

173.53/ 1100

Equivalent to 15.78% Sector Balanced Breadth.

Extreme Weakness

Broad participation is extremely 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

6.25%

Extreme Weakness

3 of 48 eligible securities above SMA20

Consumer Staples

2.78%

Extreme Weakness

1 of 36 eligible securities above SMA20

Energy

77.27%

Strong

17 of 22 eligible securities above SMA20

Financials

7.89%

Extreme Weakness

6 of 76 eligible securities above SMA20

Health Care

1.67%

Extreme Weakness

1 of 60 eligible securities above SMA20

Industrials

3.80%

Extreme Weakness

3 of 79 eligible securities above SMA20

Materials

15.38%

Extreme Weakness

4 of 26 eligible securities above SMA20

Real Estate

0.00%

Extreme Weakness

0 of 31 eligible securities above SMA20

Information Technology

32.39%

Weak

23 of 71 eligible securities above SMA20

Utilities

0.00%

Extreme Weakness

0 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.