USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-12 07:21 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently showing a short-term bullish bias, with price closing at 71.85 and momentum at an average pace. The recent swing pivot trend has shifted to an uptrend, confirmed by both short-term and intermediate-term pivot metrics. Price is above the 5, 10, and 20-day moving averages, all of which are trending higher, supporting the short-term bullish case. However, the 55, 100, and 200-day moving averages remain in a downtrend, indicating that the longer-term structure is still bearish and the market is in a broader corrective or consolidative phase. Resistance levels are stacked above, with the nearest at 71.25 and significant resistance at 74.25 and 78.32, while support is found at 67.35 and 65.99. The ATR and volume metrics suggest moderate volatility and participation. Overall, the market is in a transition phase: short-term momentum is positive, but the longer-term trend remains under pressure, suggesting a possible range-bound or mean-reverting environment unless a breakout above major resistance or a breakdown below key support occurs.


Chart Analysis ATS AI Generated: 2026-01-12 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.