USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-21 07:23 CT

Price Action

• Last: 73.52,
• 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 78.00,
• 5. Levels R: 84.86, 83.46, 81.13, 78.00, 74.48,
• 6. Levels S: 71.96, 65.96, 61.75, 60.02.

Daily Benchmarks

• (Short-Term) 5 Day: 73.77 Down Trend,
• (Short-Term) 10 Day: 74.25 Down Trend,
• (Intermediate-Term) 20 Day: 75.21 Down Trend,
• (Intermediate-Term) 55 Day: 73.52 Down Trend,
• (Long-Term) 100 Day: 71.98 Up Trend,
• (Long-Term) 200 Day: 71.90 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is currently experiencing a period of consolidation after a recent decline, with price action showing slow momentum and medium-sized bars. The short-term trend is bearish, as indicated by the downward direction of the 5, 10, 20, and 55-day moving averages, and the current swing pivot trend is also down. However, the intermediate-term HiLo trend remains up, suggesting underlying support and a lack of decisive breakdown. Key resistance levels are clustered above at 74.48, 78.00, and 81.13, while support is found at 71.96 and further below at 65.96. The ATR indicates moderate volatility, and volume is steady but not elevated. Overall, the chart reflects a market in a corrective or sideways phase, with no clear directional conviction in the intermediate or long-term, and a short-term bias to the downside as the market tests support levels.