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S&P 500 market breadth

Trading session ·

On 2026-04-20, the S&P 500 Breadth Score was 788.39 out of 1100 (Strong), equivalent to 71.67% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

788.39/ 1100

Equivalent to 71.67% 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

73.91%

Strong

17 of 23 eligible securities above SMA20

Consumer Discretionary

91.67%

Extreme Strength

44 of 48 eligible securities above SMA20

Consumer Staples

58.33%

Neutral

21 of 36 eligible securities above SMA20

Energy

4.55%

Extreme Weakness

1 of 22 eligible securities above SMA20

Financials

93.42%

Extreme Strength

71 of 76 eligible securities above SMA20

Health Care

68.97%

Strong

40 of 58 eligible securities above SMA20

Industrials

83.54%

Extreme Strength

66 of 79 eligible securities above SMA20

Materials

80.77%

Extreme Strength

21 of 26 eligible securities above SMA20

Real Estate

100.00%

Extreme Strength

31 of 31 eligible securities above SMA20

Information Technology

94.52%

Extreme Strength

69 of 73 eligible securities above SMA20

Utilities

38.71%

Weak

12 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.