USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-21 07:22 CT

Price Action

• Last: 70.15,
• 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 70.02,
• 4. Pvt. Next: Pvt high 71.96,
• 5. Levels R: 84.58, 83.46, 81.13, 74.25, 73.07, 72.68,
• 6. Levels S: 70.02, 69.64, 66.98, 65.98.

Daily Benchmarks

• (Short-Term) 5 Day: 73.00 Down Trend,
• (Short-Term) 10 Day: 72.64 Down Trend,
• (Intermediate-Term) 20 Day: 72.13 Down Trend,
• (Intermediate-Term) 55 Day: 71.75 Down Trend,
• (Long-Term) 100 Day: 73.68 Down Trend,
• (Long-Term) 200 Day: 71.05 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 the last price at 70.15 sitting below all key moving averages, each of which is trending down. The swing pivot trend is down both short- and intermediate-term, with the most recent pivot low at 70.02 and the next potential reversal at 71.96. Resistance levels are stacked well above current price, while support is clustered just below, suggesting a market that has recently broken down and is now consolidating near support. Momentum is slow and price action is characterized by medium-sized bars, indicating a lack of strong directional conviction but a persistent downward bias. The ATR and volume metrics suggest moderate volatility and participation. Overall, the technical landscape points to a market in a corrective or continuation phase lower, with no immediate signs of reversal or bullish momentum. The environment is consistent with a swing trader’s view of a market in a downtrend, potentially awaiting a catalyst for either a relief bounce or further downside continuation.