USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-19 07:20 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 experiencing a slow momentum decline, with the last price at 72.03 and medium-sized bars indicating a measured but persistent move lower. The short-term swing pivot trend is down (DTrend), and all benchmark moving averages across short, intermediate, and long-term timeframes are in a downtrend, reinforcing a bearish technical environment. The most recent swing low at 71.60 is being tested, with the next resistance at 74.74 and major resistance at 81.13. Intermediate-term HiLo trend remains up, suggesting some underlying support or potential for a bounce, but this is not yet confirmed by price action or moving averages. The ATR is moderate, and volume is steady, indicating no extreme volatility or capitulation. The overall structure suggests a market in a corrective phase, with the potential for further downside unless a reversal above key resistance levels occurs. The environment is characterized by consolidation near support, with no clear breakout or reversal signal present.


Chart Analysis ATS AI Generated: 2025-08-19 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.