USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-22 07:19 CT

Price Action

Last: 71.96,
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 74.32,
5. Levels R: 81.13, 74.32, 68.48, 83.46,
6. Levels S: 71.96, 65.96, 61.07, 60.02.

Daily Benchmarks

(Short-Term) 5 Day: 73.15 Down Trend,
(Short-Term) 10 Day: 74.13 Down Trend,
(Intermediate-Term) 20 Day: 75.12 Down Trend,
(Intermediate-Term) 55 Day: 73.38 Down Trend,
(Long-Term) 100 Day: 71.96 Down Trend,
(Long-Term) 200 Day: 71.96 Down Trend.

Additional Metrics

ATR: 138,
VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO is currently experiencing a short-term downtrend, as indicated by the most recent swing pivot (Pvt. Trend: DTrend) and all key moving averages trending lower. Price has recently set a new swing low at 71.96, with the next potential reversal level at the swing high of 74.32. Resistance is layered above at 74.32 and 81.13, while support is found at 71.96 and further below at 65.96. Momentum is slow and price action is consolidating near the lower end of the recent range, suggesting a pause after the recent sell-off. Both the weekly and monthly session fib grids are neutral, indicating a lack of strong directional bias in the intermediate and long-term context. Volume and volatility (ATR) are moderate, reflecting a market in consolidation rather than trending. Overall, the technical landscape points to a bearish short-term outlook, with neutral intermediate and long-term trends as the market digests recent moves and awaits a new catalyst.