ZS Soybean Futures Daily Chart Analysis: 2026-Feb-23 07:15 CT

Price Action

• Last: 1144.25,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 79%
• 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 1144.25,
• 4. Pvt. Next: Pvt Low 1112.50,
• 5. Levels R: 1195.25, 1144.25, 1124.50, 1105.75,
• 6. Levels S: 1112.50, 1100.75, 1075.00, 1053.00, 1044.75, 1037.50.

Daily Benchmarks

• (Short-Term) 5 Day: 1115.25 Up Trend,
• (Short-Term) 10 Day: 1111.75 Up Trend,
• (Intermediate-Term) 20 Day: 1100.99 Up Trend,
• (Intermediate-Term) 55 Day: 1100.74 Up Trend,
• (Long-Term) 100 Day: 1107.99 Up Trend,
• (Long-Term) 200 Day: 1090.77 Up Trend.

Additional Metrics

• ATR: 82,
• VOLMA: 155181.

Recent Trade Signals

• 23 Feb 2026: Short ZS 05-26 @ 1144.25 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Soybean futures have staged a strong rally off the early February lows, with price action characterized by large, fast-moving bars and a clear upside momentum. The short-term swing pivot trend is up, confirmed by both the intermediate-term HiLo trend and all benchmark moving averages trending higher. Price is currently above the monthly and yearly session fib grid centers, reinforcing the bullish bias for both intermediate and long-term perspectives. However, the weekly session fib grid trend remains down, suggesting some short-term overextension or potential for a pullback. Resistance is clustered near recent highs (1144.25, 1195.25), while support is layered below (1112.50, 1100.75). Volatility is elevated (ATR 82), and volume remains robust. The recent short signal at 1144.25 may reflect a tactical countertrend move against the prevailing uptrend, possibly anticipating a reaction at resistance. Overall, the market is in a bullish phase across all major timeframes, with momentum and trend structure favoring further upside, though short-term traders should be alert to potential retracements or consolidation after the recent surge.