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S&P 500 market breadth

Trading session ·

Confirmed daily reading

The confirmed S&P 500 Breadth Score for 2026-10-23 is 798.13 out of 1100 (Strong), equivalent to 72.56% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

798.13/ 1100

Equivalent to 72.56% 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

42.86%

Neutral

9 of 21 eligible securities above SMA20

22 constituents · 1 exclusion · 95.45% coverage

Consumer Discretionary

63.83%

Strong

30 of 47 eligible securities above SMA20

Consumer Staples

90.91%

Extreme Strength

30 of 33 eligible securities above SMA20

34 constituents · 1 exclusion · 97.06% coverage

Energy

85.71%

Extreme Strength

18 of 21 eligible securities above SMA20

Financials

76.32%

Strong

58 of 76 eligible securities above SMA20

Health Care

93.33%

Extreme Strength

56 of 60 eligible securities above SMA20

Industrials

60.24%

Strong

50 of 83 eligible securities above SMA20

Materials

79.17%

Strong

19 of 24 eligible securities above SMA20

Real Estate

80.00%

Extreme Strength

24 of 30 eligible securities above SMA20

Information Technology

38.67%

Weak

29 of 75 eligible securities above SMA20

Utilities

87.10%

Extreme Strength

27 of 31 eligible securities above SMA20

This daily reading has been confirmed. Read the calculation methodology for the formula, historical membership sources and eligibility rules.