USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-04 07:17 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently consolidating after a strong rally in June and July, with price action now retracing from recent swing highs near 81.13 and 83.46. The short-term swing pivot trend has shifted to a downtrend, but the intermediate-term HiLo trend remains up, supported by rising 20, 55, 100, and 200-day moving averages. The 5 and 10-day MAs are in a short-term downtrend, reflecting the recent pullback, but the overall structure remains constructive above key support at 77.19 and 74.58. Volatility (ATR) is elevated, and volume has normalized after a spike during the June breakout. The market is in a neutral-to-bullish posture, with the potential for further consolidation or a retest of support before any renewed upside momentum. No clear breakout or breakdown is present, and the price is trading within a well-defined range between major resistance and support levels.


Chart Analysis ATS AI Generated: 2025-08-04 07:17 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.