USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-23 07:13 CT

Price Action

• Last: 80.55,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt high 80.55,
• 4. Pvt. Next: Pvt low 77.81,
• 5. Levels R: 80.55, 80.15, 78.46, 78.21, 77.81,
• 6. Levels S: 74.46, 74.05, 72.72, 71.99, 67.35, 65.99.

Daily Benchmarks

• (Short-Term) 5 Day: 77.78 Up Trend,
• (Short-Term) 10 Day: 77.03 Up Trend,
• (Intermediate-Term) 20 Day: 76.92 Up Trend,
• (Intermediate-Term) 55 Day: 74.05 Up Trend,
• (Long-Term) 100 Day: 71.99 Up Trend,
• (Long-Term) 200 Day: 72.72 Up Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is exhibiting strong bullish momentum with large price bars and fast-moving price action, as confirmed by the most recent swing pivot high at 80.55. All benchmark moving averages across short, intermediate, and long-term timeframes are trending upward, reinforcing the prevailing uptrend. The swing pivot structure shows a clear uptrend in both short- and intermediate-term metrics, with resistance levels being tested and surpassed, and support levels rising. The ATR indicates heightened volatility, while volume remains robust, supporting the strength of the current move. The price is well above all major moving averages, suggesting trend continuation rather than a reversal. The market appears to be in a breakout phase following a period of consolidation, with higher lows and higher highs forming a classic bullish structure. No significant reversal signals are present, and the technical environment favors trend-following strategies for swing traders.