USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-05 07:16 CT

Price Action

• Last: 76.67,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 76.11,
• 4. Pvt. Next: Pvt high 78.18,
• 5. Levels R: 83.46, 81.13, 78.18,
• 6. Levels S: 74.68, 71.97, 65.96, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 77.02 Down Trend,
• (Short-Term) 10 Day: 77.22 Down Trend,
• (Intermediate-Term) 20 Day: 76.87 Down Trend,
• (Intermediate-Term) 55 Day: 74.88 Up Trend,
• (Long-Term) 100 Day: 73.31 Up Trend,
• (Long-Term) 200 Day: 71.94 Up Trend.

Additional Metrics

• ATR:132,
• VOLMA:890944.

Overall Rating

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

Key Insights Summary

USO is currently experiencing a short-term pullback, as indicated by the DTrend in the swing pivots and the downtrend in the 5, 10, and 20-day moving averages. Price has recently bounced off a pivot low at 76.11, with the next resistance at 78.18 and major resistance levels above at 81.13 and 83.46. Support is layered below at 74.68, 71.97, and further down at 65.96 and 61.75, suggesting a well-defined range. The intermediate-term trend remains neutral, with the 55-day moving average still in an uptrend, reflecting underlying strength. Long-term structure is bullish, supported by the 100 and 200-day moving averages trending higher. Volatility is moderate (ATR 132), and volume has normalized after recent spikes. The chart reflects a market in consolidation after a strong rally and subsequent retracement, with the potential for further choppy action as price tests support and resistance zones. No clear breakout or breakdown is evident, and the market appears to be digesting prior gains, awaiting a new directional catalyst.