USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-12 07:08 CT

Price Action

• Last: 138.66,
• 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, 108.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 129.93 Up Trend,
• (Short-Term) 10 Day: 126.19 Up Trend,
• (Intermediate-Term) 20 Day: 100.58 Up Trend,
• (Intermediate-Term) 55 Day: 89.76 Up Trend,
• (Long-Term) 100 Day: 78.99 Up Trend,
• (Long-Term) 200 Day: 75.08 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly upside expansion with a large impulse bar pushing price far above every benchmark moving average and through the upper swing structure. The pivot model remains firmly UTrend on both the short and intermediate views, with the latest action showing a strong continuation from a prior consolidation zone into fresh highs. The benchmark stack is fully aligned in rising order, confirming broad trend participation from short-term through long-term. The swing map shows the next major upside reference at 151.63, while lower pivot support levels are layered well beneath current price, reflecting a steep trend advance after a multi-year base and breakout sequence.