USO United States Oil Fund LP Weekly Chart Analysis: 2026-Feb-20 07:19 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO has recently shown a strong upward move, with the last weekly bar being large and momentum fast, indicating aggressive buying interest. The short-term swing pivot trend has shifted to an uptrend, with price breaking above several key moving averages, all of which are now in uptrends except for the longer-term 55, 100, and 200 week MAs, which remain in downtrends. Resistance levels cluster above at 81.47, 82.36, and 83.26, with major resistance at 84.58 and 92.20. Support is well-defined below at 65.99 and lower. The intermediate and long-term trends remain neutral, as the price is still within the yearly and monthly NTZ zones, and the HiLo trend is down, suggesting the broader structure is still consolidative. The overall setup reflects a market transitioning from a period of consolidation to a potential breakout phase, with short-term bullish momentum but longer-term caution as price approaches significant resistance and the upper bounds of the NTZ. Volatility is elevated, and the market is at a critical juncture where sustained follow-through could confirm a longer-term trend reversal.


Chart Analysis ATS AI Generated: 2026-02-20 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.