BreadthMarketDaily research
Back to the dashboard

S&P 500 market breadth

Trading session ·

On 2026-05-20, the S&P 500 Breadth Score was 520.95 out of 1100 (Neutral), equivalent to 47.36% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

520.95/ 1100

Equivalent to 47.36% 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

47.83%

Neutral

11 of 23 eligible securities above SMA20

Consumer Discretionary

27.08%

Weak

13 of 48 eligible securities above SMA20

Consumer Staples

61.11%

Strong

22 of 36 eligible securities above SMA20

Energy

85.71%

Extreme Strength

18 of 21 eligible securities above SMA20

Financials

47.37%

Neutral

36 of 76 eligible securities above SMA20

Health Care

54.24%

Neutral

32 of 59 eligible securities above SMA20

Industrials

29.11%

Weak

23 of 79 eligible securities above SMA20

Materials

11.54%

Extreme Weakness

3 of 26 eligible securities above SMA20

Real Estate

67.74%

Strong

21 of 31 eligible securities above SMA20

Information Technology

69.86%

Strong

51 of 73 eligible securities above SMA20

Utilities

19.35%

Extreme Weakness

6 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.