USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-11 07:08 CT

Price Action

• Last: 133.59,
• 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 121.89,
• 5. Levels R: 151.63,
• 6. Levels S: 110.35, 106.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 130.8 Up Trend,
• (Short-Term) 10 Day: 121.02 Up Trend,
• (Intermediate-Term) 20 Day: 97.28 Up Trend,
• (Intermediate-Term) 55 Day: 88.13 Up Trend,
• (Long-Term) 100 Day: 78.38 Up Trend,
• (Long-Term) 200 Day: 74.8 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 a large, fast momentum candle pushing price sharply above all benchmark moving averages and into fresh higher-high territory. The pivot structure remains in UTrend, while the hi/lo structure is no longer showing meaningful downside follow-through, reflecting a strong trend regime rather than a mean-reverting one. The move has transitioned out of the long consolidation band around the mid-70s to upper-70s area and accelerated through prior resistance zones, leaving the chart in a breakout-and-extension condition. The 2026 year box is being reclaimed from above, and the weekly price action is now trading well above the long-term averages, confirming broad trend alignment across short, intermediate, and long horizons.