NG Henry Hub Natural Gas Futures Daily Chart Analysis: 2026-Feb-02 07:12 CT

Price Action

• Last: 3.631,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -9%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 49%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 4.425,
• 4. Pvt. Next: Pvt low 3.431,
• 5. Levels R: 4.425, 3.947, 3.820, 3.520,
• 6. Levels S: 2.950, 1.296.

Daily Benchmarks

• (Short-Term) 5 Day: 3.944 Up Trend,
• (Short-Term) 10 Day: 3.333 Up Trend,
• (Intermediate-Term) 20 Day: 2.977 Up Trend,
• (Intermediate-Term) 55 Day: 2.446 Up Trend,
• (Long-Term) 100 Day: 2.207 Up Trend,
• (Long-Term) 200 Day: 2.394 Up Trend.

Additional Metrics

• ATR: 285,
• VOLMA: 171211.

Recent Trade Signals

• 02 Feb 2026: Short NG 03-26 @ 3.588 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

Natural Gas futures have experienced a dramatic surge, with price action showing large bars and fast momentum, indicating a strong and volatile move higher. Despite the WSFG and MSFG both showing a downtrend and price below their respective NTZ/F0% levels (suggesting recent weakness on the weekly and monthly session grids), the swing pivot structure has flipped decisively bullish: both short-term and intermediate-term pivot trends are in uptrends, with the most recent pivot high at 4.425 and the next key support at 2.950. All benchmark moving averages across timeframes are trending up, confirming a robust bullish environment. The ATR is elevated, reflecting heightened volatility, and volume is strong, supporting the move. The recent short signal (USAR-WSFG) may reflect a tactical countertrend setup, but the overall structure remains bullish across all major timeframes. This environment is characterized by a powerful breakout, likely driven by a combination of technical short covering, possible seasonal demand, and/or news catalysts, with the market transitioning from a prolonged base to a sharp rally phase.