USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-22 07:20 CT
Price Action
- Last: 74.13,
- 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 -1,
- (Intermediate-Term) 2. HiLo Trend: UTrend 2, DTrend 4,
- 3. Pvt. Evolve: Pvt Low 1.56,
- 4. Pvt. Next: Pvt High 81.00,
- 5. Levels R: 92.20, 84.58, 83.46, 81.00,
- 6. Levels S: 66.75, 60.17, 59.78, 57.83, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 74.87 DTrend,
- (Intermediate-Term) 10 Week: 74.04 DTrend,
- (Long-Term) 20 Week: 74.13 DTrend,
- (Long-Term) 55 Week: 71.65 UTrend,
- (Long-Term) 100 Week: 70.06 DTrend,
- (Long-Term) 200 Week: 66.00 UTrend.
Overall Rating
- Short-Term: Neutral,
- 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 is down, but intermediate-term HiLo pivots are mixed, reflecting a choppy environment with both up and down trends present. Price is hovering near the 20-week and 10-week moving averages, both of which are trending down, while the 55-week and 200-week moving averages are still in uptrends, suggesting longer-term support remains intact. Major resistance levels are clustered in the low-to-mid 80s, while support is layered in the high 50s to mid 60s. The neutral bias across all session fib grids (weekly, monthly, yearly) and the convergence of moving averages reinforce the view of a market in balance, lacking a clear breakout or breakdown catalyst. This environment is typical of a market awaiting new fundamental drivers, with price cycling between established support and resistance, and no dominant trend prevailing at this time.
Chart Analysis ATS AI Generated: 2025-08-22 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.