UNITED STATES OIL FUND LP (USO) Stock Technical Analysis
NYSEARCA:USO - NYSE Arca - US91232N2071 - ETF - Currency: USD
Taking everything into account, USO scores 4 out of 10 in our technical rating. USO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month USO has a been trading in the 75.27 - 80.22 range, which is quite wide. It is currently trading near the lows of this range.
USO has an average volume of 2668400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, USO outperforms 57% of them, which is more or less in line with the market.
USO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so USO is lagging the market.
Although the technical rating is only medium, USO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 74.23, a Stop Loss order could be placed below this zone.
More info and screens
68.24
83.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 71.32 to 74.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 68.93 to 69.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 76.26 to 77.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.29 to 82.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.08
Mansfield-0.78
10 Day High78.49
10 Day Low75.34
20 Day High80.22
20 Day Low75.27
52 Week High84.58
52 Week Low66.02
Performance
1 Week-1.36%
2 Weeks-0.13%
1 Month-4.87%
3 Month1.48%
6 Month-0.26%
12 Month4.77%
2 Year12.11%
3 Year11.66%
5 Year-0.33%
10 Year-47.96%
15 Year-75.74%
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)-0.18
RSI(14)42.47
LBB74.89
UBB78.6
75.35
-2.41 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.1%
1 Week-1.36%
2 Weeks-0.13%
1 Month-4.87%
3 Month1.48%
6 Month-0.26%
12 Month4.77%
2 Year12.11%
3 Year11.66%
5 Year-0.33%
10 Year-47.96%
15 Year-75.74%
Volatility
ATR(14)1.51
ATR(20)%2.02%
ATR Inc17.13%
Range Today1.51
ADR(20)1.28
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.08
Mansfield-0.78
10 Day High78.49
10 Day Low75.34
20 Day High80.22
20 Day Low75.27
52 Week High84.58
52 Week Low66.02
CS1 End74.23
CR1 Start76.26
Volume & EV
DER(3)-3.71%
DER(5)-2.05%
Volume2.75M
Volume Incr-24.05%
Vol(5)2.14M
Vol(50)2.67M