USO United States Oil Fund LP Weekly Chart Analysis: 2025-Oct-28 07:51 CT

Price Action

Last: 74.58,
Bars: Medium,
Mom: Momentum slow.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Oct

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 67.25,
4. Pvt. Next: Pvt high 83.46,
5. Levels R: 92.20, 84.86, 83.46,
6. Levels S: 67.25, 59.78, 57.83.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 73.72 Down Trend,
(Intermediate-Term) 10 Week: 73.21 Down Trend,
(Long-Term) 20 Week: 74.58 Up Trend,
(Long-Term) 55 Week: 72.32 Down Trend,
(Long-Term) 100 Week: 73.19 Down Trend,
(Long-Term) 200 Week: 66.77 Up Trend.

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 the intermediate-term HiLo trend remains up, reflecting mixed signals and a choppy environment. Price is situated near the 20-week moving average, which is in an uptrend, while most other benchmarks (5, 10, 55, 100 week) are in downtrends, reinforcing the neutral to slightly bearish undertone. Key resistance levels are clustered at 83.46, 84.86, and 92.20, while support is found at 67.25, 59.78, and 57.83. The NTZ (neutral trading zone) from the yearly session fib grid suggests price is oscillating without a clear breakout or breakdown. Overall, the chart reflects a market in consolidation, with neither bulls nor bears in clear control, and swing traders may observe for a decisive move outside the established range for the next directional cue.