United States Oil Fund, LP (USO) Stock Price & Analysis
Market: AMEX • Sector: Financial Services • Industry: Asset Management
United States Oil Fund, LP (USO) Profile & Business Summary
USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Key Information
| Ticker | USO |
|---|---|
| Exchange | AMEX |
| Official Site | http://www.unitedstatesoilfund.com |
Market Trend Overview for USO
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)
As of 2026-08-28, USO is moving sideways without a clear direction. Over the longer term, the trend remains bullish.
USO last closed at 129.70. The price is about 0.2 ATR below its recent average price (131.07), and the market is currently in a sideways market without a clear direction. Price at 129.70 is moving between light support near 127.38 and minor resistance near 130.98. Direction remains unclear. View Support & Resistance from Options
The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.
Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still positive, but short-term signals are not yet confirming it.
A key downside risk boundary is near 119.51. If price falls below this area, the current structure would likely weaken further.
A systematic trend-activation signal was most recently triggered on 2026-08-18, reflecting a technical shift toward positive directional alignment.
[2026-08-28] Price moved quickly and looked strong, but participation was limited.Bearish signal near resistance (0.31 ATR away). Reversal risk is higher. Pattern is less clear, so strength is reduced.
Recent price movement appears increasingly driven by low-effort advances. Such hollow progression often reflects reduced participation and lower reliability of continuation.
There was no clear sign of meaningful positions being carried into the overnight session.
The model stays neutral because the setup is not clear enough to justify a directional deployment.
The model does not deploy this setup because predictability is still too low, internal signals are not aligned strongly enough, and price is still close to a gamma transition zone. Predictability is 23%, agreement is 8%, and reversal risk is 24%.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with relative-volume decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 129.70, 0.83% above the estimated average cost of 128.63. An estimated 81.2% of recent positioning is below the current price, while 15.6% is above it. The peak-density price is 127.90. The largest concentrated cost region is 127.75 to 129.85 and contains 73.4% of the estimated distribution. The current price is within the 127.75 to 129.85 cost region.