USO United States Oil Fund LP Daily Chart Analysis: 2026-May-20 07:07 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: 144.08%
• 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 144.98,
• 5. Levels R: 154.08,
• 6. Levels S: 144.98, 127.38, 110.35, 106.45, 98.47, 89.11, 79.00.

Daily Benchmarks

• (Short-Term) 5 Day: 145.37 Up Trend,
• (Short-Term) 10 Day: 141.22 Up Trend,
• (Intermediate-Term) 20 Day: 139.97 Up Trend,
• (Intermediate-Term) 55 Day: 124.88 Up Trend,
• (Long-Term) 100 Day: 104.?? Up Trend,
• (Long-Term) 200 Day: 87.48 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 dominant uptrend with price pressing near the upper end of the current swing structure after a powerful advance and a series of higher highs and higher lows. The swing pivot model remains UTrend on both the short and intermediate views, while the benchmark stack is fully aligned in rising order, reinforcing trend persistence across daily, medium, and long horizons. Price is trading well above the 20, 55, 100, and 200 day benchmarks, which reflects strong trend strength rather than consolidation. The May monthly session fib structure is elevated and price is operating near the upper NTZ area, showing a market that has expanded sharply and remains in a momentum phase. Recent action has featured a strong recovery leg, then another push to fresh highs, keeping the tape firm and directional with limited evidence of trend reversal.