S&P 500 market breadth
Trading session ·
On 2026-05-04, the S&P 500 Breadth Score was 517.59 out of 1100 (Neutral), equivalent to 47.05% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
517.59/ 1100
Equivalent to 47.05% Sector Balanced Breadth.
Neutral
Broad participation is mixed 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
39.13%
Weak
9 of 23 eligible securities above SMA20
Consumer Discretionary
18.75%
Extreme Weakness
9 of 48 eligible securities above SMA20
Consumer Staples
41.67%
Neutral
15 of 36 eligible securities above SMA20
Energy
100.00%
Extreme Strength
22 of 22 eligible securities above SMA20
Financials
40.79%
Neutral
31 of 76 eligible securities above SMA20
Health Care
24.14%
Weak
14 of 58 eligible securities above SMA20
Industrials
36.71%
Weak
29 of 79 eligible securities above SMA20
Materials
34.62%
Weak
9 of 26 eligible securities above SMA20
Real Estate
61.29%
Strong
19 of 31 eligible securities above SMA20
Information Technology
75.34%
Strong
55 of 73 eligible securities above SMA20
Utilities
45.16%
Neutral
14 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.