USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-12 07:17 CT

Price Action

• Last: 73.80,
• Bars: Medium,
• Mom: Momentum slow.

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 71.57,
• 4. Pvt. Next: Pvt. High 81.09,
• 5. Levels R: 92.20, 84.58, 83.46, 81.09, 75.00,
• 6. Levels S: 71.57, 66.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 75.77 Down Trend,
• (Intermediate-Term) 10 Week: 70.2 Up Trend,
• (Long-Term) 20 Week: 72.18 Up Trend,
• (Long-Term) 55 Week: 74.24 Down Trend,
• (Long-Term) 100 Week: 73.91 Up Trend,
• (Long-Term) 200 Week: 71.57 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading in a broad consolidation range, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, suggesting a possible underlying bid despite recent weakness. Price is hovering near the 20- and 100-week moving averages, both of which are in uptrends, while the 5- and 55-week benchmarks are in downtrends, highlighting mixed signals across timeframes. Major resistance levels are clustered above at 75.00, 81.09, and higher, while support is established at 71.57 and below, framing a well-defined trading range. The neutral bias across the session fib grids (weekly, monthly, yearly) and the absence of a clear breakout or breakdown pattern reinforce the view of a market in balance, with neither bulls nor bears in decisive control. This environment is typical of a market awaiting a catalyst, with potential for range-bound swings until a directional move emerges.