USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-20 07:19 CT

Price Action

Last: 73.35,
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 71.96,
4. Pvt. Next: Pvt high 74.66,
5. Levels R: 81.13, 74.66,
6. Levels S: 71.96, 65.96, 61.75.

Daily Benchmarks

(Short-Term) 5 Day: 73.74 Down Trend,
(Short-Term) 10 Day: 74.01 Down Trend,
(Intermediate-Term) 20 Day: 75.36 Down Trend,
(Intermediate-Term) 55 Day: 76.86 Down Trend,
(Long-Term) 100 Day: 77.01 Down Trend,
(Long-Term) 200 Day: 73.36 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 slow momentum decline, with price action consolidating near the lower end of the recent range. The short-term swing pivot trend is down, confirmed by all major moving averages (5, 10, 20, 55, 100, 200 day) trending lower, indicating persistent bearish pressure. The intermediate-term HiLo trend remains up, suggesting that the broader structure is still holding higher lows, but the immediate bias is to the downside as the market tests support at 71.96. Resistance is well-defined at 74.66 and 81.13, while support levels below are at 65.96 and 61.75. The ATR and volume metrics indicate moderate volatility and average participation. Overall, the chart reflects a market in a corrective phase within a larger uptrend, with the potential for further downside unless a reversal pivot is established above 74.66. The environment is characterized by choppy, corrective price action, with no clear breakout or trend continuation signal at this time.