
USO United States Oil Fund LP Daily Chart Analysis: 2026-May-19 07:08 CT
Price Action
- Last: 154.08,
- 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 154.08,
- 4. Pvt. Next: Pvt Low 144.90,
- 5. Levels R: 154.08, 149.47,
- 6. Levels S: 127.38, 110.35, 106.45, 98.47, 89.11, 79.11.
Daily Benchmarks
- (Short-Term) 5 Day: 143.25 Up Trend,
- (Short-Term) 10 Day: 141.05 Up Trend,
- (Intermediate-Term) 20 Day: 138.57 Up Trend,
- (Intermediate-Term) 55 Day: 123.98 Up Trend,
- (Long-Term) 100 Day: 87.13 Up Trend,
- (Long-Term) 200 Day: 71.13 Up Trend.
Additional Metrics
- ATR: 138,
- VOLMA: 2577640.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
USO is in a sustained upside structure with price holding well above all benchmark moving averages and the pivot framework still marked UTrend on both the short and intermediate layers. The latest swing leg pushed into new highs near 154.08 after a sharp recovery from the 127.38 area, confirming strong trend continuation behavior rather than a broad range. The monthly and yearly session grids remain visually constructive, with price trading above the higher benchmark stack and above the rising 20/55/100/200-day references, which keeps the dominant tape aligned to the upside. Recent action shows a classic impulsive rally with intervening pullbacks and higher lows, while the active pivot map now places 154.08 as the current evolved high and 144.90 as the next downside pivot reference, reflecting an elevated but still orderly swing structure.
Chart Analysis ATS AI Generated: 2026-05-19 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.