USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-09 18:15 CT

Price Action

• Last: 73.82,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

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

MSFG Month Nov

• 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 70.67,
• 4. Pvt. Next: Pvt high 83.46,
• 5. Levels R: 92.20, 84.58, 83.46, 77.74,
• 6. Levels S: 70.67, 67.75, 66.05, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 72.70 Down Trend,
• (Intermediate-Term) 10 Week: 72.16 Down Trend,
• (Long-Term) 20 Week: 77.20 Down Trend,
• (Long-Term) 55 Week: 73.74 Down Trend,
• (Long-Term) 100 Week: 77.26 Down Trend,
• (Long-Term) 200 Week: 71.00 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. All major moving averages except the 200-week are in a downtrend, reinforcing the neutral to slightly bearish undertone, but the 200-week MA uptrend suggests underlying long-term support. Price is oscillating within the yearly NTZ (neutral zone), with no clear breakout above resistance or breakdown below support. Multiple resistance levels cluster above (notably at 83.46, 84.58, and 92.20), while support is layered below (notably at 70.67 and 67.75). The overall technical structure points to a market in balance, with neither bulls nor bears in control, and a tendency for mean reversion within the established range. This environment favors swing trading strategies that capitalize on reversals at key support and resistance rather than trend continuation, as the market awaits a catalyst for a decisive move.