USO United States Oil Fund LP Weekly Chart Analysis: 2026-Apr-28 07:09 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 110.78,
• 5. Levels R: 140.00, 137.46,
• 6. Levels S: 110.35, 106.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 127.08 Up Trend,
• (Short-Term) 10 Day: 114.83 Up Trend,
• (Intermediate-Term) 20 Day: 93.58 Up Trend,
• (Intermediate-Term) 55 Day: 86.11 Up Trend,
• (Long-Term) 100 Day: 77.70 Up Trend,
• (Long-Term) 200 Day: 74.50 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly expansion phase, with price pressing near the top of the recent range after a vertical advance and breakout from the 2026 NTZ area. The swing structure is aligned to the upside, with both the short-term pivot trend and the HiLo trend in UTrend, while the benchmark stack remains fully bullish as price holds well above the 5, 10, 20, 55, 100, and 200 day averages. The chart shows a strong trend-continuation profile rather than a mean-reversion pattern, with the latest impulse drive lifting through prior resistance and into new swing-high territory near the 140 zone. Longer-term structure also remains constructive, as the yearly session framework has shifted into a higher-price regime after a prolonged base and breakout sequence.