ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Feb-17 07:19 CT

Price Action

• Last: 549.30,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -31%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 9%
• 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 552.25,
• 4. Pvt. Next: Pvt low 540.75,
• 5. Levels R: 568.50, 563.00, 552.25,
• 6. Levels S: 540.75, 532.00, 520.75, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 553.75 Up Trend,
• (Short-Term) 10 Day: 543.25 Up Trend,
• (Intermediate-Term) 20 Day: 528.75 Up Trend,
• (Intermediate-Term) 55 Day: 528.75 Up Trend,
• (Long-Term) 100 Day: 520 Down Trend,
• (Long-Term) 200 Day: 560.25 Down Trend.

Additional Metrics

• ATR: 44,
• VOLMA: 97805.

Recent Trade Signals

• 17 Feb 2026: Short ZW 03-26 @ 541 Signals.USAR.TR120
• 13 Feb 2026: Long ZW 03-26 @ 548.75 Signals.USAR-MSFG
• 11 Feb 2026: Long ZW 03-26 @ 534.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a strong recent upward move, with price closing at 549.30 on large, fast-momentum bars. Short-term and intermediate-term trends are both bullish, supported by an uptrend in swing pivots and all key short/intermediate moving averages trending higher. The price is currently above the monthly and yearly session fib grid centers, indicating positive bias for both the intermediate and long-term outlooks. However, the long-term moving averages (100 and 200 day) remain in a downtrend, suggesting that the broader trend has not fully reversed yet. Resistance is clustered above at 552.25, 563.00, and 568.50, while support is well-defined at 540.75 and lower. Recent trade signals show both long and short entries, reflecting active swing trading in a volatile environment. Volume and ATR are elevated, confirming increased participation and volatility. The market appears to be in a bullish swing phase with potential for further upside, but faces significant resistance overhead and remains in a transitional phase on the long-term trend.