UNITED STATES OIL FUND LP (USO)
US91232N2071 - ETF
Overall USO gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month USO has a been trading in the 75.76 - 83.41 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that USO is one of the better performing stocks in the market, outperforming 80% of all stocks.
USO has an average volume of 4245520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
USO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so USO is lagging the market slightly.
Although USO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.86
83.73
When analyzing the support we can see 3 important areas.
- Support @73.19 from a trend line in the daily time frame.
- Support @70.88 from a trend line in the weekly time frame.
- Support @66.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 75.92 to 77.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.07 to 82.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.94
Mansfield-0.32
10 Day High80.97
10 Day Low75.76
20 Day High83.41
20 Day Low75.76
52 Week High83.41
52 Week Low60.02
Performance
1 Week-4.66%
2 Weeks-3.78%
1 Month-6.55%
3 Month12.47%
6 Month1.44%
12 Month20.47%
2 Year-11.16%
3 Year67.17%
5 Year-14.49%
10 Year-74.81%
15 Year-73.93%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.59
RSI(14)35.09
LBB76.66
UBB82.49
UNITED STATES OIL FUND LP
NYSEARCA:USO (5/2/2024, 12:51:05 PM)
75.92
-0.01 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.01%
1 Week-4.66%
2 Weeks-3.78%
1 Month-6.55%
3 Month12.47%
6 Month1.44%
12 Month20.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.57
ATR(20)%2.08%
ATR Inc
Range Today0.92
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High80.97
10 Day Low75.76
20 Day High83.41
20 Day Low75.76
52 Week High83.41
52 Week Low60.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.63M
Volume Incr-28.08%
Vol(5)3.67M
Vol(50)4.25M