NG Henry Hub Natural Gas Futures Daily Chart Analysis: 2026-May-07 07:05 CT

Price Action

Last: 2.876,
Bars: Medium,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: -39%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -6%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 15%
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: 2.786 Down Trend,
(Short-Term) 10 Day: 2.744 Down Trend,
(Intermediate-Term) 20 Day: 2.774 Down Trend,
(Intermediate-Term) 55 Day: 2.876 Down Trend,
(Long-Term) 100 Day: 2.783 Down Trend,
(Long-Term) 200 Day: 2.475 Up Trend.

Additional Metrics

ATR: 285,
VOLMA: 171211.

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 near 2.876 after a strong spring rebound from the sub-1.40 low, but the current daily structure has rolled back into a lower-high, lower-close posture beneath the weekly and monthly fib centerlines. The short-term swing pivot trend remains upward, yet the broader pivot sequence and the cluster of daily benchmarks are sloping lower, reflecting a cooling recovery phase rather than sustained upside continuation. Weekly and monthly session fib grids are both below F0%, matching the recent short signals and the loss of momentum after the February surge. Longer-term structure is still constructive because the 200-day benchmark remains in an up trend and the yearly fib bias sits above F0%, so the chart still shows a larger recovery cycle inside a shorter-term corrective pullback and consolidation zone.