USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-11 07:21 CT

Price Action

• Last: 73.87,
• 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 71.68,
• 4. Pvt. Next: Pvt High 73.44,
• 5. Levels R: 92.20, 84.58, 83.46, 77.28, 73.44,
• 6. Levels S: 71.68, 66.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 72.28 Down Trend,
• (Intermediate-Term) 10 Week: 71.68 Down Trend,
• (Long-Term) 20 Week: 73.87 Up Trend,
• (Long-Term) 55 Week: 72.78 Up Trend,
• (Long-Term) 100 Week: 71.68 Up Trend,
• (Long-Term) 200 Week: 66.75 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading within a well-defined neutral zone, 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, suggesting a market in transition or consolidation. Price is hovering near the 20-week and 55-week moving averages, both of which are in uptrends, while the shorter-term 5- and 10-week averages are in downtrends, reflecting recent weakness but underlying long-term strength. Major resistance levels are clustered above at 73.44, 77.28, and higher, while support is established at 71.68 and below. The overall technical structure points to a market in consolidation, with neither bulls nor bears in clear control, but with a long-term bullish bias as indicated by the upward sloping long-term moving averages. This environment is typical of a market awaiting a catalyst, with potential for breakout or further range-bound action depending on upcoming developments.