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

Price Action

• Last: 559.50,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 44%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 17%
• 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 559.5,
• 4. Pvt. Next: Pvt Low 520.0,
• 5. Levels R: 563.00, 560.75, 548.81, 548.75, 545.25, 539.00, 535.25, 532.00, 501.25,
• 6. Levels S: 532.41, 529.12, 523.00, 508.00.

Daily Benchmarks

• (Short-Term) 5 Day: 546.3 Up Trend,
• (Short-Term) 10 Day: 540.2 Up Trend,
• (Intermediate-Term) 20 Day: 532.5 Up Trend,
• (Intermediate-Term) 55 Day: 529.1 Up Trend,
• (Long-Term) 100 Day: 548.8 Down Trend,
• (Long-Term) 200 Day: 568.7 Down Trend.

Additional Metrics

• ATR: 44,
• VOLMA: 77996.

Recent Trade Signals

• 18 Feb 2026: Long ZW 05-26 @ 551.75 Signals.USAR-WSFG
• 18 Feb 2026: Long ZW 05-26 @ 551.75 Signals.USAR.TR120
• 13 Feb 2026: Long ZW 03-26 @ 548.75 Signals.USAR-MSFG

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 bullish momentum in the short and intermediate term, with price action breaking above key resistance levels and all short/intermediate moving averages trending upward. The most recent swing pivot is a new high at 559.5, confirming the uptrend, while the next potential pivot low sits at 520.0, providing a clear risk reference. Both the weekly and monthly session fib grids indicate price is above their respective NTZ centers, reinforcing the bullish bias. However, the 100-day and 200-day moving averages remain in a downtrend, suggesting that the longer-term trend is still neutral and has not fully reversed. Volatility is elevated, as seen in the ATR and volume metrics, which is typical during strong directional moves or potential breakout phases. Recent trade signals have triggered new long entries, aligning with the prevailing uptrend. Overall, the market is in a bullish swing phase with strong upward momentum, but longer-term trend confirmation is still pending.