USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-12 07:21 CT

Price Action

• Last: 72.72,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 74.25,
• 4. Pvt. Next: Pvt low 70.01,
• 5. Levels R: 83.46, 81.13, 78.32, 74.25,
• 6. Levels S: 70.13, 66.98, 66.08, 65.95, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 72.39 Up Trend,
• (Short-Term) 10 Day: 70.65 Up Trend,
• (Intermediate-Term) 20 Day: 70.65 Up Trend,
• (Intermediate-Term) 55 Day: 72.72 Down Trend,
• (Long-Term) 100 Day: 73.95 Down Trend,
• (Long-Term) 200 Day: 73.17 Down Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO is currently showing a short- and intermediate-term bullish reversal, with price action recovering from recent lows and momentum at an average pace. The swing pivot structure has shifted to an uptrend, with the most recent pivot high at 74.25 and the next key support at 70.01. Multiple resistance levels remain overhead, notably at 74.25 and 78.32, while support is layered below at 70.13 and 66.98. The 5, 10, and 20-day moving averages are all trending upward, confirming the short-term bullish bias, but the 55, 100, and 200-day moving averages remain in a downtrend, indicating that the longer-term structure is still bearish. Volatility is moderate, and volume is steady. The market appears to be in a recovery phase after a significant sell-off, with potential for further upside in the short term, but longer-term headwinds persist as price remains below major moving averages and key resistance levels. The environment is characterized by a transition from a prior downtrend to a possible new uptrend, but confirmation above major resistance is needed for a sustained long-term reversal.