USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-26 07:51 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently trading in a medium-range bar environment with slow momentum, reflecting a period of consolidation after previous volatility. The price is situated near the upper end of the recent range, with the last price at 73.95, just above several key moving averages, which are in uptrends for the short and intermediate term. The swing pivot structure shows an upward trend in both short-term and intermediate-term metrics, with the most recent pivot high at 85.16 and the next significant support at 65.99. Resistance levels are layered above, with major resistance at 92.20 and intermediate resistance at 84.58 and 83.26. Support is well-defined below, with multiple levels between 65.99 and 57.83. The overall technical landscape is neutral to bullish, with the market consolidating within a broad range, suggesting a wait-and-see approach as it tests the upper boundaries of the current structure. The long-term trend remains neutral as the 55 and 100-week moving averages are in a downtrend, but the 20 and 200-week averages are supportive. This setup indicates a market in transition, with potential for breakout or further consolidation depending on upcoming catalysts and broader market sentiment.


Chart Analysis ATS AI Generated: 2026-01-26 07:51 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.