NG Henry Hub Natural Gas Futures Daily Chart Analysis: 2026-Feb-04 07:11 CT

Price Action

Last: 3.351,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -34%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Feb

Intermediate-Term
MSFG Current: -18%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 39%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt Low 3.15,
4. Pvt. Next: Pvt High 4.425,
5. Levels R: 4.425, 4.191, 3.832,
6. Levels S: 3.15, 2.950, 1.296.

Daily Benchmarks

(Short-Term) 5 Day: 3.71 Up Trend,
(Short-Term) 10 Day: 3.17 Down Trend,
(Intermediate-Term) 20 Day: 2.639 Up Trend,
(Intermediate-Term) 55 Day: 2.504 Up Trend,
(Long-Term) 100 Day: 2.232 Up Trend,
(Long-Term) 200 Day: 2.398 Up Trend.

Additional Metrics

ATR: 285,
VOLMA: 171211.

Overall Rating

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

Key Insights Summary

Natural gas futures have recently experienced a sharp rally, as evidenced by large, fast-moving bars and a significant upward momentum. However, the short-term trend has shifted to a downside correction (DTrend) following a recent swing high at 4.425, with price now consolidating below the monthly and weekly NTZ/F0% levels. Despite this short-term pullback, the intermediate and long-term trends remain bullish, supported by upward-sloping 20, 55, 100, and 200-day moving averages. The market is currently holding above key support at 3.15, with further support at 2.95 and 1.296, while resistance is seen at 3.832, 4.191, and the recent high at 4.425. Volatility remains elevated (ATR 285), and volume is robust, indicating active participation. The overall structure suggests a market in the midst of a corrective phase within a broader uptrend, with potential for further consolidation or a retest of support before any renewed upside momentum.