Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
United States Oil Fund, LP

USO Technical Analysis Summary (AMEX)

Analyze USO on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

USO●AMEX
Financial ServicesAsset Management
$126.15
$6.06(4.58%)
U.S. Market opens in 10h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

USO Technical Analysis Summary (AMEX)

United States Oil Fund, LP (AMEX: USO) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.78)
Trend Strength:Weak (ADX: 14.23)
Volatility:Medium (ATR: 4.36)
Support/Resistance:$115.15 – $137.69 (Bollinger Bands)

Technical conditions suggest United States Oil Fund, LP on the AMEX is awaiting a decisive move. Technical conditions suggest United States Oil Fund, LP is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.78

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 77.61

Bullish
Buying momentum building without extremes.

Williams %R: -44.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 10.65

Strongly Bullish
Strong upside momentum.

Takeaway:United States Oil Fund, LP shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 2.51

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.23

Weak
Weak trend, market trading sideways.

ATR (14): 4.36

Medium
Medium volatility, healthy price movement.

CCI (14): 3.59

Neutral
Neutral, no strong directional signal.

Takeaway:United States Oil Fund, LP shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$137.69
Middle Band (SMA 20)
$126.42
Lower Band
$115.15
Current Position
Within Bands

Takeaway:United States Oil Fund, LP trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$136.24
Middle Line (EMA 20)
$127.52
Lower Channel
$118.80
Squeeze Status
No Squeeze

Takeaway:United States Oil Fund, LP trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume114.56K
Money Flow Index80.37Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index58.53Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:USO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of United States Oil Fund, LP (AMEX: USO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for United States Oil Fund, LP are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: USO) Technical Analysis FAQ