S&P 500 market breadth
Trading session ·
On 2026-09-18, the S&P 500 Breadth Score was 188.03 out of 1100 (Extreme Weakness), equivalent to 17.09% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
188.03/ 1100
Equivalent to 17.09% Sector Balanced Breadth.
Extreme Weakness
Broad participation is extremely 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
16.67%
Extreme Weakness
4 of 24 eligible securities above SMA20
Consumer Discretionary
6.38%
Extreme Weakness
3 of 47 eligible securities above SMA20
Consumer Staples
14.71%
Extreme Weakness
5 of 34 eligible securities above SMA20
Energy
38.10%
Weak
8 of 21 eligible securities above SMA20
Financials
10.53%
Extreme Weakness
8 of 76 eligible securities above SMA20
Health Care
35.59%
Weak
21 of 59 eligible securities above SMA20
Industrials
15.66%
Extreme Weakness
13 of 83 eligible securities above SMA20
Materials
0.00%
Extreme Weakness
0 of 25 eligible securities above SMA20
Real Estate
3.33%
Extreme Weakness
1 of 30 eligible securities above SMA20
Information Technology
43.84%
Neutral
32 of 73 eligible securities above SMA20
Utilities
3.23%
Extreme Weakness
1 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.