BreadthMarketDaily research
Back to the dashboard

S&P 500 market breadth

Trading session ·

On 2026-07-16, the S&P 500 Breadth Score was 729.04 out of 1100 (Strong), equivalent to 66.28% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

729.04/ 1100

Equivalent to 66.28% 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

69.57%

Strong

16 of 23 eligible securities above SMA20

Consumer Discretionary

53.19%

Neutral

25 of 47 eligible securities above SMA20

Consumer Staples

85.29%

Extreme Strength

29 of 34 eligible securities above SMA20

Energy

76.19%

Strong

16 of 21 eligible securities above SMA20

Financials

85.53%

Extreme Strength

65 of 76 eligible securities above SMA20

Health Care

79.66%

Strong

47 of 59 eligible securities above SMA20

Industrials

54.32%

Neutral

44 of 81 eligible securities above SMA20

Materials

53.85%

Neutral

14 of 26 eligible securities above SMA20

Real Estate

74.19%

Strong

23 of 31 eligible securities above SMA20

Information Technology

39.19%

Weak

29 of 74 eligible securities above SMA20

Utilities

58.06%

Neutral

18 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.