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S&P 500 market breadth

Trading session ·

On 2026-05-22, the S&P 500 Breadth Score was 616.37 out of 1100 (Neutral), equivalent to 56.03% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

616.37/ 1100

Equivalent to 56.03% 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

17.39%

Extreme Weakness

4 of 23 eligible securities above SMA20

Consumer Discretionary

50.00%

Neutral

24 of 48 eligible securities above SMA20

Consumer Staples

63.89%

Strong

23 of 36 eligible securities above SMA20

Energy

61.90%

Strong

13 of 21 eligible securities above SMA20

Financials

60.53%

Strong

46 of 76 eligible securities above SMA20

Health Care

66.10%

Strong

39 of 59 eligible securities above SMA20

Industrials

36.71%

Weak

29 of 79 eligible securities above SMA20

Materials

26.92%

Weak

7 of 26 eligible securities above SMA20

Real Estate

80.65%

Extreme Strength

25 of 31 eligible securities above SMA20

Information Technology

78.08%

Strong

57 of 73 eligible securities above SMA20

Utilities

74.19%

Strong

23 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.