USO United States Oil Fund LP Daily Chart Analysis: 2026-May-01 07:08 CT

Price Action

• Last: 147.09,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month May

• 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 151.63,
• 4. Pvt. Next: Pvt Low 141.61,
• 5. Levels R: 151.63,
• 6. Levels S: 110.35, 106.45, 98.47, 89.11, 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 138.41 Up Trend,
• (Short-Term) 10 Day: 131.29 Up Trend,
• (Intermediate-Term) 20 Day: 130.16 Up Trend,
• (Intermediate-Term) 55 Day: 114.28 Up Trend,
• (Long-Term) 100 Day: 83.22 Up Trend,
• (Long-Term) 200 Day: 83.22 Up Trend.

Additional Metrics

• ATR: 554,
• VOLMA: 37000000.

Overall Rating

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

Key Insights Summary

USO is in a strong daily uptrend with fast momentum and large-range candles extending price well above the rising benchmark averages. The pivot structure remains bullish, with the current swing trend and HiLo trend both in UTrend and price pressing near the recent high pivot area around 151.63 after a sharp advance from the 140s. The moving average stack is fully aligned upward, reinforcing trend continuation behavior, while the monthly and yearly session grids remain neutral on the template readout even as price trades in the upper part of the broader expansion range. From a futures swing-trader perspective, the chart shows a persistent rally with occasional pullbacks and rebound legs, a classic higher-high / higher-low sequence, and a strong trend regime rather than a chop regime.