USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-16 18:18 CT

Price Action

• Last: 71.38,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 71.38,
• 4. Pvt. Next: Pvt Low 69.04,
• 5. Levels R: 84.86, 83.46, 81.13, 78.32, 74.25, 73.75, 72.77, 72.22, 71.75,
• 6. Levels S: 69.64, 66.98, 65.95, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 72.77 Down Trend,
• (Short-Term) 10 Day: 72.22 Down Trend,
• (Intermediate-Term) 20 Day: 71.38 Up Trend,
• (Intermediate-Term) 55 Day: 73.75 Down Trend,
• (Long-Term) 100 Day: 72.77 Down Trend,
• (Long-Term) 200 Day: 73.79 Down Trend.

Additional Metrics

• ATR: 1.05,
• VOLMA: 592K.

Overall Rating

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

Key Insights Summary

USO is currently trading at 71.38, with medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend has shifted to an uptrend, but the intermediate-term HiLo trend remains in a downtrend, reflecting a market in transition or possible consolidation. The most recent pivot is a swing high at 71.38, with the next key pivot low at 69.04, suggesting a narrow range for immediate price action. Resistance levels are stacked above, with significant clusters in the 72–74 and 78–84 zones, while support is found at 69.64 and lower at 66.98 and 65.95. Benchmark moving averages show short-term and long-term downtrends, with only the 20-day MA supporting an uptrend, highlighting a lack of broad bullish confirmation. The ATR is moderate, and volume is subdued, pointing to reduced volatility and participation. Overall, the chart reflects a market in a corrective or consolidative phase, with no clear breakout or breakdown. Swing traders may observe that the market is testing support and resistance within a broader downtrend, with potential for further choppy or range-bound action unless a decisive move occurs.