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

Price Action

• Last: 2.972,
• 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 2.092,
• 4. Pvt. Next: Pvt high 4.370,
• 5. Levels R: 12.020, 9.447, 4.712, 4.425,
• 6. Levels S: 2.092, 1.296.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 2.74 Down Trend,
• (Intermediate-Term) 10 Week: 2.953 Down Trend,
• (Long-Term) 20 Week: 3.104 Down Trend,
• (Long-Term) 55 Week: 3.594 Down Trend,
• (Long-Term) 100 Week: 4.464 Down Trend,
• (Long-Term) 200 Week: 4.869 Down Trend.

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: Bearish.

Key Insights Summary

Natural Gas futures are currently trading with a bearish short-term structure, as indicated by the downward WSFG trend, slow momentum, and recent short trade signals. Price remains below key short- and intermediate-term moving averages, reinforcing the prevailing downtrend. The intermediate-term HiLo trend has shifted to an uptrend, suggesting some underlying support or a potential for a corrective bounce, but this is not yet confirmed by price action or moving averages. Long-term benchmarks and the 200-week MA are well above current price, highlighting persistent overhead resistance and a lack of sustained bullish momentum. The yearly session grid shows price above the F0% level, but this is not yet translating into a broader uptrend. Key resistance levels are clustered far above, while support is found near recent swing lows. The market appears to be in a corrective phase within a larger bearish context, with volatility and choppy price action likely as the market tests support and resistance zones. Swing traders should note the potential for short-term rallies within a dominant downtrend, but the overall technical structure remains weak.