USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-13 07:11 CT

Price Action

• Last: 124.82,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Apr

• 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 124.89,
• 4. Pvt. Next: Pvt Low 118.24,
• 5. Levels R: 140.89, 124.89, 120.64, 109.46, 98.03,
• 6. Levels S: 118.24, 106.45, 85.47, 79.40.

Daily Benchmarks

• (Short-Term) 5 Day: 133.3 Up Trend,
• (Short-Term) 10 Day: 128.04 Up Trend,
• (Intermediate-Term) 20 Day: 120.64 Up Trend,
• (Intermediate-Term) 55 Day: 103.55 Up Trend,
• (Long-Term) 100 Day: 85.02 Up Trend,
• (Long-Term) 200 Day: 79.40 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO has demonstrated a strong and persistent uptrend across all timeframes, with price action characterized by large bars and fast momentum, indicating robust buying interest and volatility. All benchmark moving averages are trending upward, confirming the strength of the trend from short to long term. Swing pivot analysis shows the current trend remains up, with the most recent pivot high at 124.89 and the next potential pivot low at 118.24, suggesting the market is in a trend continuation phase but could be approaching a consolidation or pullback zone near resistance levels. The ATR remains elevated, reflecting ongoing volatility, while volume metrics are healthy, supporting the price move. Resistance is layered above at 140.89 and 124.89, with support at 118.24 and further below, providing clear reference points for swing traders. Overall, the technical structure favors trend-following strategies, but the proximity to recent highs and volatility may lead to short-term retracements or consolidation before any further breakout attempts.