ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Feb-20 07:23 CT

Price Action

• Last: 570.25,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 95%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 69%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 21%
• 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 low 552.00,
• 4. Pvt. Next: Pvt high 570.25,
• 5. Levels R: 570.25, 548.72, 548.25, 545.00, 540.75,
• 6. Levels S: 552.00, 529.38, 506.75, 501.25, 501.00.

Daily Benchmarks

• (Short-Term) 5 Day: 555.2 Up Trend,
• (Short-Term) 10 Day: 542.2 Up Trend,
• (Intermediate-Term) 20 Day: 535.38 Up Trend,
• (Intermediate-Term) 55 Day: 529.38 Up Trend,
• (Long-Term) 100 Day: 548.72 Up Trend,
• (Long-Term) 200 Day: 568.70 Up Trend.

Additional Metrics

• ATR: 51,
• 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: Bullish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures market is exhibiting strong bullish momentum across all timeframes. Price has surged with large, fast-moving bars, breaking above key resistance levels and maintaining position above all major moving averages. The short-term and intermediate-term trends are both in clear uptrends, supported by recent swing pivot evolution from a higher low and a new swing high at 570.25. The market is trading well above the NTZ center lines on the weekly, monthly, and yearly session fib grids, confirming the strength of the uptrend. Volatility is elevated, as indicated by a high ATR, and volume remains robust. Recent trade signals have all been to the long side, aligning with the prevailing trend. The technical structure suggests a strong rally phase, with higher lows and higher highs, and no immediate signs of exhaustion or reversal. The market is in a trend continuation mode, with buyers firmly in control.