USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-14 07:08 CT

Price Action

WSFG Weekly

MSFG Month May

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is in a strong weekly breakout phase, with price pushing sharply to new highs around 151.63 after a vertical advance from the 110-125 area. The swing pivot structure remains UTrend and the HiLo trend is also UTrend, confirming an established up-cycle with higher highs and higher lows. Price is materially above every benchmark moving average, and all benchmark trends are rising, which supports broad bullish alignment across timeframes. The recent move shows a momentum expansion rather than a choppy consolidation, with the prior resistance zones now acting as reference support below the market. The larger weekly bars and fast momentum reflect an impulsive trend leg, while the yearly and monthly fib frameworks remain neutral-to-supportive as price trades well above the midrange band and near the upper extension zone.


Chart Analysis ATS AI Generated: 2026-05-14 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.