NG Henry Hub Natural Gas Futures Daily Chart Analysis: 2026-May-06 07:04 CT
Price Action
- Last: 2.882,
- Bars: Small,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: -27%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -4%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 16%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 2.883,
- 4. Pvt. Next: Pvt Low 2.681,
- 5. Levels R: 4.753, 4.466, 3.607, 3.430, 2.883,
- 6. Levels S: 2.592, 1.337.
Daily Benchmarks
- (Short-Term) 5 Day: 2.770 Up Trend,
- (Short-Term) 10 Day: 2.758 Up Trend,
- (Intermediate-Term) 20 Day: 2.781 Up Trend,
- (Intermediate-Term) 55 Day: 2.882 Down Trend,
- (Long-Term) 100 Day: 2.780 Up Trend,
- (Long-Term) 200 Day: 2.474 Up Trend.
Additional Metrics
Recent Trade Signals
- 06 May 2026: Short NG 06-26 @ 2.758 Signals.USAR-WSFG
- 05 May 2026: Short NG 06-26 @ 2.769 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Natural gas is trading in a mixed but still transitionary structure: the daily price is hovering near the 2.88 area while short-term weekly and monthly session fib grids remain below their midlines, keeping the near-term bias defensive. The pivot structure is still in a short-term UTrend, but the broader HiLo pivot trend remains DTrend, which reflects a market that has recovered off the spring low yet is still working through a lower-high / range-to-downtrend framework. Benchmark alignment is split, with the 55-day average still below pressure while the 5, 10, 20, 100, and 200-day references sit in supportive configuration. The chart shows a strong prior V-reversal from the winter low, then a prolonged spring fade into a tight consolidation band, with price compressing under nearby pivot resistance and beneath the weekly/monthly fib center zones. Long-term structure remains constructive because the yearly session bias is above F0% and the year trend is up, but the recent daily action is still choppy and sideways-to-lower relative to the more dominant April decline and the latest short signals.
Chart Analysis ATS AI Generated: 2026-05-06 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.