USO United States Oil Fund LP Daily Chart Analysis: 2026-May-12 07:08 CT
Price Action
- Last: 138.66,
- Bars: Medium,
- Mom: average.
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: DTrend,
- 3. Pvt. Evolve: Pvt High 140.90,
- 4. Pvt. Next: Pvt Low 131.22,
- 5. Levels R: 151.63, 149.47, 140.90,
- 6. Levels S: 127.38, 110.35, 106.45, 98.47, 89.11.
Daily Benchmarks
- (Short-Term) 5 Day: 138.86 Up Trend,
- (Short-Term) 10 Day: 140.91 Down Trend,
- (Intermediate-Term) 20 Day: 133.80 Down Trend,
- (Intermediate-Term) 55 Day: 120.11 Up Trend,
- (Long-Term) 100 Day: 98.19 Up Trend,
- (Long-Term) 200 Day: 85.49 Up Trend.
Additional Metrics
- ATR: 138,
- VOLMA: 2577640.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
USO is in a mature uptrend on the higher-timeframe structure, with price holding well above the 100-day and 200-day benchmarks and the swing pivot trend still pointed higher. The daily tape shows a recent rally, sharp retracement, and rebound behavior around the upper pivot zone, leaving price below the most recent high pivot at 140.90 but still above the 20-day and far above the long-term averages. The short-term read is mixed because the 5-day is supportive while the 10-day and 20-day remain below nearby price, reflecting a choppy consolidation after the April-May advance. The intermediate-term structure is shaped by a broader series of higher highs and higher lows, but the HiLo pivot trend remains DTrend from the latest swing sequence, which keeps the profile balanced rather than one-way. Recent signals align with that mix, with USAR.TR120 leaning constructive, WSFG and MSFG staying neutral, and USAR.TR720 remaining supportive of the longer-term bullish backdrop. The chart reflects a strong oil fund trend phase with retracement-and-rebound dynamics, elevated range expansion, and active swing pivot rotations around the May session grid.
Chart Analysis ATS AI Generated: 2026-05-12 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.