United States Oil Fund LP (USO) — Technical state
As of 2026-10-12 — re-computed nightly across the coverage universe. Closelooknet diary readings, not advice.
Trades +8.2% vs the 50-day and +28.5% vs the 200-day average, 7.5% below the 52-week high and +128.9% off the 52-week low. Computed from daily closes.
The moving-average stack
- vs 20-day+1.2%
- vs 50-day+8.2%
- vs 200-day+28.5%
- 52-week band7.5% off the high · +128.9% off the low
- Streak3 consecutive up sessions
- 50-day crossprice crossed up through the 50-day 44 sessions ago
- Stochastic%K 67 · %D 34.1
Continue: the USO chart & overview · the signal board
FAQ · from the current data · as of 2026-10-12
Quick answers
What is the current Closelooknet signal on USO?
Uptrend stack intact — Trades +8.2% vs the 50-day and +28.5% vs the 200-day average, 7.5% below the 52-week high and +128.9% off the 52-week low. Computed from daily closes. As of 2026-10-12; the signal board re-computes across the coverage universe nightly. A research diary reading, not advice.
Is USO above its 50-day and 200-day moving averages?
As of 2026-10-12, United States Oil Fund LP trades +8.2% above its 50-day and +28.5% above its 200-day average, with the 20-day +1.2% away.
How far is USO from its 52-week high?
7.5% below the 52-week high and 128.9% above the 52-week low, as of 2026-10-12.
Mentioned on Closelooknet
Where USO appears in the diary — 38 pieces, newest first. Every link is our own writing.
Go deeper
Long reads
- Gold and Bitcoin — The Hedges Bear No Interest
- AI Capex — The Tell Fired Twice
The week, for the record Closelook indices (EW) Week Post-print (Wed→Fri) Markets (wk) Rubin Build-Out +0.4% −4.3% S&P 500 (SPY) −0.6% Agentic Infrastructure −2.9% −2.4% Nasdaq-100 (QQQ) −1.6% · 684.23, below the 686.37 floor Agentic…
Dailies
- Korea — Kospi −5.5% breaks its 18-month uptrend; SK Hynix and Samsung about −8% on a China memory scare
- Korea — Kospi −3.5% on its first day back as chipmakers catch up; SpaceX deal sinks T-Mobile 13%
- AI Capex — chip index −3.4% after OpenAI's revenue comes in at $50 billion, not $70 billion; software rises
- Fed — minutes point to another rate hike by year-end; Samsung earns a record $80 billion in one quarter
- Oil — Brent +3.4% to $103.64, energy the only strong sector; chips and power generators sold, PepsiCo +1.1%
- Stocks — broadly lower after the records: Russell 2000 −1.4%, power and cooling names sold, Penguin +15.3%
The oil funds are little changed (USO −0.3%, BNO +0.2%).
- Storage — Seagate −9.2%, Western Digital −6.9% on a record day for the S&P 500 and the Nasdaq
On Tuesday the US oil fund USO rose 0.6% to 144.91 and the Brent fund BNO 0.8% to 61.93, with fighting between Saudi-led forces and Yemen's Houthis in the headlines.
- Nasdaq — record close at 27,477 while the chip funds sit 5–15% below their June peaks
On Monday the US oil fund USO fell 2.3% to 143.99 and the Brent fund BNO 2.6% to 61.45.