USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-03 07:21 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO has experienced a sharp rally, with price surging to 75.33 on large, fast-momentum bars, indicating a recent burst of volatility and strong directional movement. The short-term swing pivot trend has shifted to a downtrend (DTrend) after a significant high at 80.38, suggesting a possible retracement or pause following the recent run-up. However, the intermediate-term HiLo trend remains in an uptrend (UTrend), supported by all benchmark moving averages (from 5-day to 200-day) trending upward, which signals underlying strength and a positive bias for the medium to long term. Key resistance is clustered near the recent highs (80.38, 84.86), while support is established at 74.11 and lower at 67.35 and 65.99, providing clear reference points for potential price reactions. The ATR is elevated, reflecting increased volatility, and volume remains robust. Overall, the chart suggests a market that has transitioned from consolidation to breakout, with the potential for short-term pullbacks but a bullish structure on higher timeframes.


Chart Analysis ATS AI Generated: 2026-02-03 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.