USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-22 07:09 CT
Price Action
- Last: 126.25,
- 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: Neutral,
- 3. Pvt. Evolve: Pvt High 128.25,
- 4. Pvt. Next: Pvt Low 116.87,
- 5. Levels R: 140.89, 133.53,
- 6. Levels S: 110.35, 106.45, 88.11, 78.03.
Daily Benchmarks
- (Short-Term) 5 Day: 121.98 Up Trend,
- (Short-Term) 10 Day: 126.45 Up Trend,
- (Intermediate-Term) 20 Day: 124.53 Up Trend,
- (Intermediate-Term) 55 Day: 107.04 Up Trend,
- (Long-Term) 100 Day: 88.70 Up Trend,
- (Long-Term) 200 Day: 81.14 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 has experienced a strong upward move, with fast momentum and large daily bars indicating heightened volatility and active participation. The short-term swing pivot trend is up, supported by all benchmark moving averages trending higher across short, intermediate, and long-term timeframes. Resistance is noted at 133.53 and 140.89, with support levels at 110.35 and 106.45, suggesting a wide trading range. The intermediate-term trend is neutral, reflecting recent consolidation after a sharp rally, while the long-term structure remains bullish. The ATR is elevated, confirming increased volatility, and volume remains robust. The chart reflects a market that recently surged, is now digesting gains, and may be setting up for either a continuation or a deeper retracement depending on how price reacts to the current pivot high and support levels. No clear directional bias from the session fib grids, so price action and pivots are key for swing traders monitoring for breakout or reversal setups.
Chart Analysis ATS AI Generated: 2026-04-22 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.