USO

Technical Sentiment Analysis for United States Oil Fund (USO). As of 2026-07-07, United States Oil Fund (USO) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for USO stands at 38.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -7.35, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 17.6 and the Commodity Channel Index (CCI) at -51.49 further confirm a -3.77 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, USO is trading above its 60-day moving average of $129.24 and above its 200-day long-term moving average of $95.7. Key price levels to watch include the immediate resistance at $111.31 and strong support at $102.2. A break above $111.31 could signal a bull continuation, while falling below $102.2 may test the next Fibonacci floor at $97.75.