USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-23 18:19 CT
Price Action
- Last: 69.30,
- 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 66.98,
- 4. Pvt. Next: Pvt high 70.54,
- 5. Levels R: 84.88, 83.13, 78.32, 74.25, 73.07, 72.25,
- 6. Levels S: 66.98, 66.95, 71.75.
Daily Benchmarks
- (Short-Term) 5 Day: 70.01 Down Trend,
- (Short-Term) 10 Day: 71.00 Down Trend,
- (Intermediate-Term) 20 Day: 71.59 Down Trend,
- (Intermediate-Term) 55 Day: 72.61 Down Trend,
- (Long-Term) 100 Day: 73.64 Down Trend,
- (Long-Term) 200 Day: 72.06 Down Trend.
Additional Metrics
- ATR: 138,
- VOLMA: 2,577,640.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
USO is exhibiting a clear bearish structure across all timeframes, with price closing at 69.30 and all benchmark moving averages trending down. The short-term and intermediate-term swing pivot trends are both in a downtrend, with the most recent pivot low at 66.98 and the next potential reversal at 70.54. Resistance levels are stacked well above current price, while support is relatively close, suggesting limited downside before a potential reaction. Momentum is slow and volatility (ATR) is moderate, with volume slightly elevated but not extreme. The price is trading below all major moving averages, reinforcing the prevailing bearish sentiment. The chart shows a series of lower highs and lower lows, with no immediate signs of reversal or strong support holding. The environment is characterized by persistent selling pressure, failed rallies, and a lack of bullish catalysts, indicating that the market remains in a corrective or trending down phase.
Chart Analysis ATS AI Generated: 2025-11-23 18:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.