S&P 500 market breadth
Trading session ·
On 2026-09-22, the S&P 500 Breadth Score was 261.00 out of 1100 (Weak), equivalent to 23.73% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.
Primary market state
Breadth Score
261.00/ 1100
Equivalent to 23.73% 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
30.43%
Weak
7 of 23 eligible securities above SMA20
Consumer Discretionary
31.91%
Weak
15 of 47 eligible securities above SMA20
Consumer Staples
12.12%
Extreme Weakness
4 of 33 eligible securities above SMA20
Energy
4.76%
Extreme Weakness
1 of 21 eligible securities above SMA20
Financials
2.63%
Extreme Weakness
2 of 76 eligible securities above SMA20
Health Care
42.37%
Neutral
25 of 59 eligible securities above SMA20
60 constituents · 1 exclusion · 98.33% coverage
Industrials
31.71%
Weak
26 of 82 eligible securities above SMA20
83 constituents · 1 exclusion · 98.80% coverage
Materials
20.00%
Weak
5 of 25 eligible securities above SMA20
Real Estate
13.33%
Extreme Weakness
4 of 30 eligible securities above SMA20
Information Technology
68.49%
Strong
50 of 73 eligible securities above SMA20
74 constituents · 1 exclusion · 98.65% coverage
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.