USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-07 07:19 CT

Price Action

• Last: 73.79,
• Bars: Medium,
• Mom: Momentum 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 High 83.46,
• 4. Pvt. Next: Pvt Low 66.75,
• 5. Levels R: 92.20, 90.00, 84.58, 83.46,
• 6. Levels S: 66.75, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 75.00 Down Trend,
• (Intermediate-Term) 10 Week: 74.26 Down Trend,
• (Long-Term) 20 Week: 73.79 Down Trend,
• (Long-Term) 55 Week: 72.29 Up Trend,
• (Long-Term) 100 Week: 71.48 Up Trend,
• (Long-Term) 200 Week: 60.07 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading in a broad consolidation range, with price action showing medium-sized bars and average momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, reflecting a market caught between recent pullbacks and longer-term recovery attempts. All major session Fib grid trends (weekly, monthly, yearly) are neutral, and price is oscillating around key moving averages, with short- and intermediate-term benchmarks trending down while longer-term averages are still in uptrends. Resistance is layered above at 83.46–92.20, while support is established at 66.75 and below, suggesting a wide trading band. The overall technical structure points to a choppy, range-bound environment, with neither bulls nor bears in clear control, and no strong breakout or breakdown signals present at this time.