NG Henry Hub Natural Gas Futures Weekly Chart Analysis: 2026-Feb-23 07:08 CT

Price Action

• Last: 3.068,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -33%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 29%
• 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 1.233,
• 4. Pvt. Next: Pvt high 4.367,
• 5. Levels R: 12.093, 10.384, 4.362, 3.975,
• 6. Levels S: 1.233, 1.759, 2.399.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 3.443 Up Trend,
• (Intermediate-Term) 10 Week: 2.438 Up Trend,
• (Long-Term) 20 Week: 2.499 Up Trend,
• (Long-Term) 55 Week: 2.390 Up Trend,
• (Long-Term) 100 Week: 2.930 Down Trend,
• (Long-Term) 200 Week: 3.675 Down Trend.

Recent Trade Signals

• 20 Feb 2026: Long NG 03-26 @ 3.135 Signals.USAR.TR120
• 20 Feb 2026: Long NG 03-26 @ 3.135 Signals.USAR-WSFG
• 16 Feb 2026: Short NG 03-26 @ 3.018 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Natural Gas futures have recently experienced a sharp move higher, as indicated by large bars and fast momentum, pushing price above several key long-term moving averages. Despite this, the short-term trend remains bearish, with price still below the weekly session fib grid (WSFG) NTZ center and a prevailing downtrend in the short-term swing pivots. Intermediate-term signals are more constructive, with the monthly fib grid and HiLo swing trend both turning up, and moving averages (5, 10, 20, 55 week) all in uptrends. The long-term outlook is bullish, supported by the yearly fib grid trend and price holding above the yearly NTZ center. Key resistance levels are clustered around 3.975 and 4.362, while strong support is seen at 2.399 and 1.233. Recent trade signals show a shift from short to long bias, reflecting the transition from a prolonged downtrend to a potential recovery phase. The market is currently in a volatile, transitional state, with the potential for further upside if resistance levels are breached, but short-term pullbacks or consolidations remain possible as the market digests recent gains.