NG Henry Hub Natural Gas Futures Weekly Chart Analysis: 2026-May-22 07:04 CT

Price Action

• Last: 2.70,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: 22%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 25%
• 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 3.232,
• 5. Levels R: 12.607, 9.488, 4.753, 4.466,
• 6. Levels S: 2.592, 1.337.

Weekly Benchmarks

• (Short-Term) 5 Day: 2.800 Up Trend,
• (Short-Term) 10 Day: 2.936 Up Trend,
• (Intermediate-Term) 20 Day: 2.918 Up Trend,
• (Intermediate-Term) 55 Day: 2.720 Up Trend,
• (Long-Term) 100 Day: 2.564 Up Trend,
• (Long-Term) 200 Day: 3.661 Down Trend.

Overall Rating

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

Key Insights Summary

Natural gas remains in a broad multi-year down-and-repair structure, but the weekly tape has improved from the 2024-2025 lows and is now holding above the 55-day and 100-day benchmarks while the 200-day remains lower and still points to a larger legacy downtrend. The current weekly pivot trend is DTrend, matching the weekly session fib bias below F0, so the short-term structure is still corrective rather than impulsive. At the same time, the monthly and yearly fib grids are both above F0 with positive trend states, which keeps the intermediate and long-term backdrop constructive. The recent swing sequence shows a rebound from the 1.337 support area back toward the 2.6 to 3.0 zone, leaving the market in a transition phase with higher-lows attempting to form after a sharp 2026 reversal rally and subsequent pullback.