USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-29 07:18 CT

Price Action

• Last: 75.24,
• Bars: Medium,
• Mom: Momentum average.

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 61.75,
• 4. Pvt. Next: Pvt High 83.46,
• 5. Levels R: 92.20, 84.58, 83.46, 81.24,
• 6. Levels S: 61.75, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 74.21 Up Trend,
• (Intermediate-Term) 10 Week: 71.13 Up Trend,
• (Long-Term) 20 Week: 74.06 Up Trend,
• (Long-Term) 55 Week: 72.41 Up Trend,
• (Long-Term) 100 Week: 74.06 Up Trend,
• (Long-Term) 200 Week: 77.73 Down Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading in a medium-range bar environment with average momentum, reflecting a period of consolidation after recent volatility. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, indicating underlying support for higher prices. Price is situated within the yearly NTZ, with all session Fib grid trends (weekly, monthly, yearly) showing a neutral bias, suggesting a lack of clear directional conviction. Most benchmark moving averages (5, 10, 20, 55, 100 week) are in uptrends, supporting an intermediate-term bullish outlook, though the 200-week MA is still in a downtrend, tempering long-term enthusiasm. Key resistance levels are clustered in the low-to-mid 80s, while support is strong in the low 60s. The chart shows a choppy, range-bound structure with multiple tests and rejections at both resistance and support, typical of a market in consolidation. No clear breakout or breakdown is evident, and the overall structure suggests a market waiting for a catalyst. Swing traders may note the potential for mean reversion or range trading until a decisive move occurs.