USO United States Oil Fund LP Weekly Chart Analysis: 2026-Feb-19 07:15 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently exhibiting a medium bar structure with average momentum, reflecting a market that is neither overextended nor compressed. The short-term swing pivot trend is up, supported by a series of higher lows and a recent pivot high at 83.36, while the intermediate-term HiLo trend remains down, indicating some underlying consolidation or corrective action within a broader uptrend. All major weekly moving averages (5, 10, 20, 55, 100, 200) are in uptrends, reinforcing a bullish long-term structure. Price is trading above key support levels (71.66, 65.99) and is approaching resistance zones (83.36, 84.58, 92.20), suggesting the potential for further upside if these levels are breached. The neutral bias across the session fib grids (weekly, monthly, yearly) points to a market in transition, possibly awaiting a catalyst for a decisive move. Overall, the chart reflects a bullish short- and long-term outlook, with intermediate-term consolidation, typical of a market preparing for a potential breakout or continuation of the prevailing trend.


Chart Analysis ATS AI Generated: 2026-02-19 07:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.