USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-21 07:11 CT

Price Action

• Last: 135.17,
• Bars: Small,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ Upper,
• MSFG Trend: UTrend.

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 135.17,
• 4. Pvt. Next: Pvt low 129.03,
• 5. Levels R: 154.08, 142.33, 135.17,
• 6. Levels S: 113.86, 107.49, 102.42, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 128.70 Up Trend,
• (Short-Term) 10 Day: 126.12 Up Trend,
• (Intermediate-Term) 20 Day: 126.09 Up Trend,
• (Intermediate-Term) 55 Day: 123.57 Up Trend,
• (Long-Term) 100 Day: 127.68 Up Trend,
• (Long-Term) 200 Day: 103.70 Up Trend.

Additional Metrics

• ATR: 8.32,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a broad upside swing structure, with both pivot trend measures in UTrend and price holding above all six rising benchmark averages. The August recovery from the 113.86 support area has produced a fast V-shaped advance toward 135.17, placing price at the current pivot-high/resistance area. The 129.03 pivot-next level defines the nearest structural pullback reference, while 142.33 and 154.08 are the higher swing-resistance levels. Price is extended above the August MSFG NTZ near 119-122, reflecting strong upside momentum and an elevated distance from the intermediate moving-average cluster around 123-128. ATR at 8.32 indicates a relatively wide daily swing environment consistent with energy-market volatility and a momentum-driven advance.