NG Henry Hub Natural Gas Futures Daily Chart Analysis: 2026-Feb-20 07:11 CT

Price Action

• Last: 2.970,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -10%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 26%
• 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 2.942,
• 4. Pvt. Next: Pvt high 3.362,
• 5. Levels R: 4.425, 3.362, 3.184, 2.970,
• 6. Levels S: 2.942, 2.731, 2.411.

Daily Benchmarks

• (Short-Term) 5 Day: 3.11 Up Trend,
• (Short-Term) 10 Day: 3.04 Down Trend,
• (Intermediate-Term) 20 Day: 3.18 Up Trend,
• (Intermediate-Term) 55 Day: 2.97 Up Trend,
• (Long-Term) 100 Day: 2.73 Up Trend,
• (Long-Term) 200 Day: 2.41 Up Trend.

Additional Metrics

• ATR:285,
• VOLMA:171211.

Recent Trade Signals

• 18 Feb 2026: Short NG 03-26 @ 2.943 Signals.USAR-WSFG
• 16 Feb 2026: Short NG 03-26 @ 3.018 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Natural Gas futures are currently experiencing a short-term bearish phase, as indicated by the downward WSFG trend, price action below the weekly and monthly NTZ levels, and a DTrend in the short-term swing pivot. The recent momentum is slow, and price is consolidating near the 2.97 level after a sharp retracement from the February high. Intermediate-term signals are mixed: while the monthly MSFG is down, the HiLo swing trend remains up, suggesting a possible base-building or transition phase. Most moving averages (except the 10-day) are trending up, supporting a longer-term bullish structure, with the 100-day and 200-day MAs well below current price, indicating underlying strength. Recent trade signals have triggered short entries, reflecting the current short-term pressure. Volatility (ATR) remains elevated, and volume is moderate. Overall, the market is in a corrective pullback within a broader uptrend, with key support at 2.942 and 2.731, and resistance at 3.184 and 3.362. The setup suggests a choppy environment with potential for further downside in the short term, but the longer-term trend remains constructive.