USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-05 07:22 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently exhibiting a slow momentum environment with medium-sized daily bars, reflecting a period of consolidation after a recent sharp decline and subsequent bounce from the 66.98 swing low. The short-term swing pivot trend is down (DTrend), while the intermediate-term HiLo trend remains up (UTrend), indicating a possible transition phase or a corrective move within a broader trend context. All benchmark moving averages across short, intermediate, and long-term horizons are trending down, reinforcing a bearish bias for the longer timeframes. Resistance levels are stacked above, with the nearest at 73.62 and 74.25, while support is anchored at the recent swing low of 66.98. The ATR suggests moderate volatility, and volume remains steady but not elevated. The overall structure points to a market in a corrective phase, with potential for further consolidation or a retest of support if momentum does not pick up. No clear breakout or reversal signals are present, and the price remains below all major moving averages, keeping the longer-term outlook bearish.


Chart Analysis ATS AI Generated: 2025-11-05 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.