USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-17 07:08 CT

Price Action

• Last: 124.39,
• Bars: Medium,
• Mom: Momentum average.

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: DTrend,
• 3. Pvt. Evolve: Pvt High 133.53,
• 4. Pvt. Next: Pvt Low 121.61,
• 5. Levels R: 140.89, 133.53,
• 6. Levels S: 125.84, 118.06, 106.45.

Daily Benchmarks

• (Short-Term) 5 Day: 125.34 Up Trend,
• (Short-Term) 10 Day: 120.04 Up Trend,
• (Intermediate-Term) 20 Day: 120.94 Up Trend,
• (Intermediate-Term) 55 Day: 106.43 Up Trend,
• (Long-Term) 100 Day: 87.17 Up Trend,
• (Long-Term) 200 Day: 80.43 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 is currently exhibiting a strong bullish structure in the short-term, supported by an uptrend in all key moving averages and a recent swing high at 133.53. The price is consolidating above the 20-day and 55-day moving averages, with the last close at 124.39, just above a key support at 125.84. The intermediate-term trend is neutral, as indicated by the HiLo pivot trend and the monthly session fib grid, suggesting a pause or consolidation phase after a significant rally. Long-term momentum remains robust, with all major moving averages trending upward and price well above the 100- and 200-day benchmarks. Volatility (ATR) is elevated, but volume has tapered off, indicating a potential transition phase. Key resistance is at 133.53 and 140.89, while support levels to watch are 125.84 and 118.06. The overall technical landscape suggests the market is digesting gains, with the potential for either a continuation higher on a breakout or a deeper pullback if support fails.