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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
$129.31
$8.82(7.32%)
U.S. Market opens in 7h 49m

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 bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.81)
Trend Strength:Moderate (ADX: 23.70)
Volatility:Medium (ATR: 5.89)
Support/Resistance:$98.31 – $140.67 (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): 55.81

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 49.80

Neutral
Mid-range signal with no clear trend.

Williams %R: -37.49

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 18.59

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 2.69

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.70

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.89

High
High volatility, wide price fluctuations.

CCI (14): 47.72

Bullish
Bullish, momentum building upward.

Takeaway:United States Oil Fund, LP shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$140.67
Middle Band (SMA 20)
$119.49
Lower Band
$98.31
Current Position
Within Bands

Takeaway:United States Oil Fund, LP trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$135.13
Middle Line (EMA 20)
$123.36
Lower Channel
$111.58
Squeeze Status
No Squeeze

Takeaway:United States Oil Fund, LP trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-28.79M
Money Flow Index68.38Bullish, inflows support continued momentum.
Relative Vigor Index57.46Neutral 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.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

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