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S&P 500 market breadth

Trading session ·

On 2026-06-23, the S&P 500 Breadth Score was 585.54 out of 1100 (Neutral), equivalent to 53.23% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

585.54/ 1100

Equivalent to 53.23% 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

30.43%

Weak

7 of 23 eligible securities above SMA20

Consumer Discretionary

46.81%

Neutral

22 of 47 eligible securities above SMA20

Consumer Staples

65.71%

Strong

23 of 35 eligible securities above SMA20

Energy

19.05%

Extreme Weakness

4 of 21 eligible securities above SMA20

Financials

69.74%

Strong

53 of 76 eligible securities above SMA20

Health Care

52.54%

Neutral

31 of 59 eligible securities above SMA20

Industrials

53.16%

Neutral

42 of 79 eligible securities above SMA20

80 constituents · 1 verified exclusion · 98.75% coverage

Materials

53.85%

Neutral

14 of 26 eligible securities above SMA20

Real Estate

64.52%

Strong

20 of 31 eligible securities above SMA20

Information Technology

29.73%

Weak

22 of 74 eligible securities above SMA20

Utilities

100.00%

Extreme Strength

31 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.