USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-20 07:20 CT

Price Action

• Last: 70.88,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt Low 70.11,
• 4. Pvt. Next: Pvt High 72.05,
• 5. Levels R: 84.68, 83.13, 81.13, 78.32, 74.25, 73.07, 72.25,
• 6. Levels S: 70.11, 69.64, 68.94, 68.08, 67.15, 66.98.

Daily Benchmarks

• (Short-Term) 5 Day: 72.17 Down Trend,
• (Short-Term) 10 Day: 72.68 Down Trend,
• (Intermediate-Term) 20 Day: 71.74 Down Trend,
• (Intermediate-Term) 55 Day: 72.17 Down Trend,
• (Long-Term) 100 Day: 73.70 Down Trend,
• (Long-Term) 200 Day: 72.25 Down Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently exhibiting a clear bearish structure across all timeframes, with price action below all major moving averages and a series of lower highs and lower lows confirmed by the swing pivot summary. The most recent pivot is a swing low at 70.11, with the next potential reversal at 72.05, but the prevailing trend remains downward. Both short-term and intermediate-term Fib grid trends are neutral, indicating a lack of strong directional conviction from session-based levels, but the persistent downtrend in moving averages and swing pivots dominates the technical landscape. Volatility, as measured by ATR, is moderate, and volume is steady but not elevated, suggesting controlled selling rather than panic. The market is consolidating near support levels in the high 60s, with resistance stacked above in the low to mid-70s. The overall environment is one of sustained pressure, with no immediate signs of reversal, and the technicals point to continued weakness unless a significant catalyst emerges to break the current pattern.