USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-16 18:19 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

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 Weekly, Monthly, and Yearly Session Fib Grids all reflect a neutral bias, with price oscillating around the NTZ (neutral zone) and no clear breakout or breakdown. Swing pivot analysis shows a short-term downtrend, but the intermediate-term trend remains up, suggesting mixed signals and a choppy environment. Resistance levels are stacked well above the current price, while support levels are clustered just below, reinforcing the consolidation theme. Most benchmark moving averages are in a downtrend except for the longer-term 55 and 200-week MAs, which are slightly up, further highlighting the sideways to mildly bearish undertone. Overall, the chart suggests a market in balance, with neither bulls nor bears in control, and price action likely to remain range-bound until a decisive move occurs. This environment typically favors mean-reversion and range-based strategies over trend-following approaches.


Chart Analysis ATS AI Generated: 2025-11-16 18:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.