USO United States Oil Fund LP Daily Chart Analysis: 2026-May-05 07:08 CT

Price Action

• Last: 147.61,
• 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 149.47,
• 4. Pvt. Next: Pvt Low 139.55,
• 5. Levels R: 151.63, 149.47,
• 6. Levels S: 138.80, 110.35, 106.45, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 142.97 Up Trend,
• (Short-Term) 10 Day: 136.09 Up Trend,
• (Intermediate-Term) 20 Day: 131.56 Up Trend,
• (Intermediate-Term) 55 Day: 116.43 Up Trend,
• (Long-Term) 100 Day: 94.73 Up Trend,
• (Long-Term) 200 Day: 83.91 Up Trend.

Additional Metrics

• ATR: 7.52,
• VOLMA: 38M.

Overall Rating

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

Key Insights Summary

USO is in a powerful daily uptrend with price holding well above all benchmark moving averages, confirming broad trend alignment across short, intermediate, and long timeframes. The pivot structure remains constructive with a higher-high / higher-low sequence, and the current swing map shows price pressing near the upper resistance zone after a strong advance from the 139.55 pivot low. The monthly session fib zone is being tested near the upper part of the current range, while the yearly structure remains firmly constructive as well. Volume expanded during the recent climb and ATR remains elevated, reflecting a fast-moving trend environment with wide daily ranges, successive breakout-and-retest behavior, and limited sign of topping structure in the present daily sequence.