USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-18 07:17 CT

Price Action

Last: 72.05,
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 72.05,
4. Pvt. Next: Pvt high 74.48,
5. Levels R: 83.46, 81.13, 74.48,
6. Levels S: 72.05, 65.96, 61.75.

Daily Benchmarks

(Short-Term) 5 Day: 73.35 Down Trend,
(Short-Term) 10 Day: 74.00 Down Trend,
(Intermediate-Term) 20 Day: 75.64 Down Trend,
(Intermediate-Term) 55 Day: 74.43 Down Trend,
(Long-Term) 100 Day: 73.33 Down Trend,
(Long-Term) 200 Day: 72.80 Down Trend.

Additional Metrics

ATR:138,
VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently experiencing a short-term downtrend, as indicated by the most recent swing pivot (Pvt. Trend: DTrend) and all benchmark moving averages trending lower. The last price of 72.05 is sitting just above a key swing low support, with the next resistance at 74.48 and major resistance levels higher at 81.13 and 83.46. Intermediate-term (HiLo Trend: UTrend) suggests some underlying support, but the prevailing momentum is slow and the price is consolidating near the lower end of the recent range. Volatility (ATR) is moderate, and volume is average, indicating a lack of strong conviction in either direction. The overall structure shows a market that has pulled back from recent highs and is testing support, with no clear breakout or reversal signal at this time. The environment is characterized by consolidation and potential for further choppy action unless a decisive move occurs above resistance or below support.