USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-05 07:20 CT

Price Action

• Last: 77.88,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 80.38,
• 4. Pvt. Next: Pvt Low 76.53,
• 5. Levels R: 80.38, 78.88, 76.43, 75.13,
• 6. Levels S: 74.46, 71.00, 70.35, 67.95, 65.99.

Daily Benchmarks

• (Short-Term) 5 Day: 77.62 Up Trend,
• (Short-Term) 10 Day: 76.03 Up Trend,
• (Intermediate-Term) 20 Day: 73.32 Up Trend,
• (Intermediate-Term) 55 Day: 72.14 Up Trend,
• (Long-Term) 100 Day: 71.65 Up Trend,
• (Long-Term) 200 Day: 72.14 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

USO has recently experienced a strong upside move, with large bullish bars and fast momentum pushing price to new swing highs. The short-term pivot trend is up, supported by all benchmark moving averages trending higher, indicating robust bullish sentiment in both short and long-term timeframes. However, the intermediate-term HiLo trend remains down, suggesting that the recent rally is still in the process of reversing the prior downtrend. Key resistance is at 80.38, with multiple support levels below, notably at 74.46 and 71.00, which could serve as potential retracement zones if a pullback occurs. Volatility is elevated (high ATR), and volume is above average, reflecting strong participation in the recent move. The market is currently in a momentum-driven phase, with potential for further upside if resistance is cleared, but the presence of prior swing highs and the neutral intermediate-term grid trend suggest the possibility of consolidation or a pause before the next directional move.