USO United States Oil Fund LP Daily Chart Analysis: 2026-May-13 07:08 CT

Price Action

• Last: 144.30,
• 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 144.80,
• 4. Pvt. Next: Pvt Low 135.12,
• 5. Levels R: 151.63, 149.47, 144.80,
• 6. Levels S: 127.38, 110.35, 108.45, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 137.07 Up Trend,
• (Short-Term) 10 Day: 141.31 Down Trend,
• (Intermediate-Term) 20 Day: 134.11 Up Trend,
• (Intermediate-Term) 55 Day: 120.77 Up Trend,
• (Long-Term) 100 Day: 85.81 Up Trend,
• (Long-Term) 200 Day: 85.81 Up Trend.

Additional Metrics

• ATR: 496,
• VOLMA: 8535000.

Overall Rating

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

Key Insights Summary

USO is trading near the upper end of a strong multi-month advance, with price holding well above the 20, 55, 100, and 200 day benchmarks. The swing structure remains in an uptrend, and the latest pivot work shows a completed high at 144.80 with the next pivot reference pointing down to 135.12, which keeps the chart in a mature but still constructive trend phase. The May MSFG zone is being tested near the upper band, while the longer-term moving averages continue to slope higher, reinforcing a bullish tape. Short-term action shows expansion after a sharp rally and retracement sequence, with resistance mapped overhead at 149.47 and 151.63 and support layered beneath at 127.38, 110.35, and 108.45. Overall, the chart reflects a trending market with elevated momentum, prior breakout structure, and a broad bullish trend profile across daily swing horizons.