USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-28 07:18 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently trading at 74.68, with medium-sized bars and slow momentum, indicating a period of consolidation after recent volatility. The short-term swing pivot trend has shifted to an uptrend, but the intermediate-term HiLo trend remains in a downtrend, reflecting mixed signals across timeframes. Price is hovering near the 20-day moving average, which is in a downtrend, while the 5-day and 10-day averages are trending up, suggesting a potential short-term bounce within a broader consolidation. Key resistance levels are clustered above at 76.13, 78.68, 80.46, 81.13, and 83.46, while support is found at 73.84, 71.56, and further below. The ATR remains elevated, indicating persistent volatility, but volume has normalized. Overall, the chart reflects a market in transition, with short-term upward attempts facing intermediate-term resistance, and long-term structure still supportive. The environment is characterized by choppy, range-bound action with no clear breakout or breakdown, as the market digests prior moves and awaits a new directional catalyst.


Chart Analysis ATS AI Generated: 2025-08-28 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.