USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-28 07:08 CT

Price Action

• Last: 134.72,
• Bars: Large,
• Mom: 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 137.46,
• 4. Pvt. Next: Pvt Low 126.78,
• 5. Levels R: 140.89, 137.46,
• 6. Levels S: 110.35, 106.45, 98.47, 89.11, 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 129.22 Up Trend,
• (Short-Term) 10 Day: 126.29 Up Trend,
• (Intermediate-Term) 20 Day: 127.98 Up Trend,
• (Intermediate-Term) 55 Day: 111.10 Up Trend,
• (Long-Term) 100 Day: 91.14 Up Trend,
• (Long-Term) 200 Day: 82.23 Up Trend.

Additional Metrics

• ATR: 585,
• VOLMA: 37M.

Overall Rating

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

Key Insights Summary

USO remains in a strong higher-high/higher-low structure with price well above the full benchmark moving-average stack, which keeps the broader trend firmly constructive across short, intermediate, and long horizons. The latest swing sequence shows a sharp rebound off the 126.78 pivot low back toward the 137.46 pivot high and the 140.89 resistance zone, while the prior pullback held above the rising 20-day and 55-day benchmarks. The chart reflects a trending market with intermittent countertrend swings and relatively wide daily ranges, consistent with a fast momentum phase rather than a quiet consolidation. With the current price still inside the upper part of the April session range, the structure is bullish but extended versus the lower pivots, and the dominant theme is trend continuation after retracement, not base-building or breakdown behavior.