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S&P 500 market breadth

Trading session ·

On 2026-09-08, the S&P 500 Breadth Score was 344.11 out of 1100 (Weak), equivalent to 31.28% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

344.11/ 1100

Equivalent to 31.28% Sector Balanced Breadth.

Weak

Broad participation is weak 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

33.33%

Weak

8 of 24 eligible securities above SMA20

Consumer Discretionary

14.89%

Extreme Weakness

7 of 47 eligible securities above SMA20

Consumer Staples

23.53%

Weak

8 of 34 eligible securities above SMA20

Energy

85.71%

Extreme Strength

18 of 21 eligible securities above SMA20

Financials

17.11%

Extreme Weakness

13 of 76 eligible securities above SMA20

Health Care

30.51%

Weak

18 of 59 eligible securities above SMA20

Industrials

10.84%

Extreme Weakness

9 of 83 eligible securities above SMA20

Materials

28.00%

Weak

7 of 25 eligible securities above SMA20

Real Estate

16.67%

Extreme Weakness

5 of 30 eligible securities above SMA20

Information Technology

38.36%

Weak

28 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.