NG Henry Hub Natural Gas Futures Weekly Chart Analysis: 2026-May-08 07:04 CT

Price Action

Last: 2.804,
Bars: Medium,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: 1%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 1%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 18%
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 2.592,
4. Pvt. Next: Pvt High 3.382,
5. Levels R: 12.607, 9.488, 4.753, 4.466,
6. Levels S: 2.592, 1.337.

Weekly Benchmarks

(Short-Term) 5 Day: 2.805 Down Trend,
(Short-Term) 10 Day: 2.992 Down Trend,
(Intermediate-Term) 20 Day: 2.834 Down Trend,
(Intermediate-Term) 55 Day: 2.710 Up Trend,
(Long-Term) 100 Day: 2.564 Up Trend,
(Long-Term) 200 Day: 3.723 Down Trend.

Recent Trade Signals

08 May 2026: Long NG 06-26 @ 2.813 Signals.USAR-WSFG
07 May 2026: Long NG 06-26 @ 2.782 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Natural gas is holding a constructive recovery off the 2026 low near 1.337 and has pushed back above the 2026 yearly NTZ midpoint area, keeping the yearly, monthly, and weekly session grids aligned to the upside. The weekly swing structure still shows a short-term down pivot sequence, but the higher-timeframe hi/lo pivot trend remains positive and the next pivot objective is marked by the prior swing high near 3.382. Benchmarks are mixed: the 5, 10, and 20 day measures are still below nearby price action, while the 55 and 100 day averages have turned upward, and the 200 day remains overhead, reflecting a market in transition rather than a clean mature uptrend. Price action looks like a sharp V-style rebound followed by consolidation beneath prior resistance, with volatility compressing after the recent impulse leg and the chart now working through a higher-low base around the 2.80 area.