44 SMA Pullback & Sector Strength Scanner
Scans Nifty 500 stocks retracing near the 44-day SMA with sector support and volume confirmation.- Macro Filter: Close > 100 SMA; 44 SMA is sloping upwards.
- Retracement: Low is within 2.5% of the 44 SMA; Close is above 98% of the 44 SMA.
- Sector Breadth: ≥ 60% of sector peers must be above their 50 SMA.
- Volume Shock: Daily Volume ≥ 1.5x of the 20-day Volume SMA.
| Symbol ↕ | Company Name ↕ | Close Price ↕ | Today's % Chg ↕ | Sector ↕ | Sector Breadth ↕ | Volume Ratio ↕ | Runway to Target ↕ |
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Understanding the 44 SMA Pullback Trading Scanner
The 44 SMA Pullback Scanner is a trend-following support bounce strategy designed to identify high-momentum stocks temporarily consolidating back to their 44-period Simple Moving Average (SMA). Retracing to a significant moving average during an active bull trend is a classic setup favored by professional swing traders looking for low-risk, high-probability entry points.
Why the 44 SMA Support Level is Crucial:
- Institutional Defense: In active, strong bull markets, institutions and large funds defend their long positions at dynamic moving averages like the 44 SMA. This makes the level act as strong support.
- Mean Reversion inside a Trend: Rather than chasing stocks at all-time highs, waiting for a pullback to the 44 SMA allows you to enter closer to the true value, minimizing drawdown risk.
- Dynamic Breadth Analysis: This scanner calculates the percentage of stocks trading above their 50 SMA in each sector, giving you immediate insight into overall sector strength.
How to Qualify Pullback Scanner Entries:
A valid pullback signal is confirmed when a stock is in a confirmed uptrend (e.g. trading above its 200 SMA) and its price pulls back within 1% to 2% of the 44 SMA without breaking below it. Swing entry is initiated on the next session upon confirmation of a bullish candlestick pattern (like a hammer, bullish engulfing, or inside-bar breakout) returning from the average line support.