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

Price Action

• Last: 74.12,
• 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 -2,
• (Intermediate-Term) 2. HiLo Trend: UTrend 4,
• 3. Pvt. Evolve: Pvt Low 71.56,
• 4. Pvt. Next: Pvt High 81.88,
• 5. Levels R: 92.20, 84.58, 83.46, 81.88, 77.25,
• 6. Levels S: 72.30, 71.65, 66.75, 60.17, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 74.87 Down Trend,
• (Intermediate-Term) 10 Week: 74.04 Down Trend,
• (Long-Term) 20 Week: 75.43 Down Trend,
• (Long-Term) 55 Week: 73.06 Up Trend,
• (Long-Term) 100 Week: 71.65 Up Trend,
• (Long-Term) 200 Week: 71.05 Up Trend.

Overall Rating

• Short-Term: Bearish,
• 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 slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend has shifted to the downside, while the intermediate-term HiLo trend remains upward, reflecting mixed signals across timeframes. Price is hovering near key support levels (72.30, 71.65), with resistance overhead at 77.25 and higher. All major session Fib grids (weekly, monthly, yearly) are neutral, and the price is oscillating around the 20, 55, 100, and 200-week moving averages, which are converging and mostly flat to slightly up, reinforcing the neutral to choppy long-term outlook. The market has recently tested lower support and bounced, but upside momentum is lacking, and the overall structure suggests a range-bound environment with no clear breakout or breakdown. This aligns with a period of indecision, likely influenced by macroeconomic factors and seasonal oil demand patterns. The chart does not show a strong trend continuation or reversal setup at this time.