USO United States Oil Fund LP Daily Chart Analysis: 2026-May-26 07:08 CT

Price Action

Last: 138.71,
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: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt Low 138.71,
4. Pvt. Next: Pvt High 148.27,
5. Levels R: 154.08,
6. Levels S: 138.71, 127.38, 110.35, 106.45, 98.47.

Daily Benchmarks

(Short-Term) 5 Day: 147.46 Down Trend,
(Short-Term) 10 Day: 143.89 Down Trend,
(Intermediate-Term) 20 Day: 142.34 Up Trend,
(Intermediate-Term) 55 Day: 127.11 Up Trend,
(Long-Term) 100 Day: 88.53 Up Trend,
(Long-Term) 200 Day: 77.13 Up Trend.

Additional Metrics

ATR: 187,
VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is holding a strong multi-month uptrend after an extended rally, but the latest daily swing has rolled into a short-term pivot downtrend from a lower high near the 154.08 resistance zone. Price is sitting at the 138.71 pivot low with momentum still active, while the 5 and 10 day benchmarks have turned down and sit above price, creating a near-term retracement backdrop. The intermediate and long benchmarks remain structurally supportive, with the 20, 55, 100, and 200 day averages all trending higher, which keeps the larger trend constructive despite the recent pullback. Swing structure shows a higher-timeframe sequence of higher highs and higher lows overall, but the latest move has shifted into a test-and-rejection phase beneath the upper resistance band. Volume has expanded during the prior advance and remains well above the long-run baseline, while the ATR profile reflects active daily range expansion and trend participation.