S&P 500 Sector Percentage of Stocks Above 50-Day Moving Average

As shown in the chart below, 86% of the stocks in the S&P 500 are currently trading above their 50-day moving averages.  While high, this reading isn't quite to the level it got up to back in late October, even though the index itself has since surpassed its October highs.

Financials, Industrials and Materials have the highest breadth readings of the ten S&P 500 sectors.  At least 95% of the stocks in all three sectors are above their 50-days.  Technology and both consumer sectors are in the middle of the pack with readings in the 80s, while Energy, Utilities and Telecom have the weakest readings.