United States Oil Fund LP (USO) — Technical state
As of 2026-11-04 — re-computed nightly across the coverage universe. Closelooknet diary readings, not advice.
The Closelooknet read
- Signal: Pullback inside an uptrend stack — Trades -4% vs the 50-day and +16.1% vs the 200-day average, 15.4% below the 52-week high and +120.4% off the 52-week low. Computed from daily closes. (as of 2026-11-04)
- Trend: United States Oil Fund LP trades 4.0% below its 50-day and 16.1% above its 200-day moving average. (as of 2026-11-04)
The full read — the desk's view, the earnings record, peers and the company snapshot — is on the USO overview. Research diary readings, not advice.
Trades -4% vs the 50-day and +16.1% vs the 200-day average, 15.4% below the 52-week high and +120.4% off the 52-week low. Computed from daily closes.
The moving-average stack
- vs 20-day-8.5%
- vs 50-day-4%
- vs 200-day+16.1%
- 52-week band15.4% off the high · +120.4% off the low
- Streak1 consecutive down session
- 50-day crossprice crossed down through the 50-day today
- Stochastic%K 8.5 · %D 43.8
Continue: the USO chart & overview · the signal board
FAQ · from the current data · as of 2026-11-04
Quick answers
What is the current Closelooknet signal on USO?
Pullback inside an uptrend stack — Trades -4% vs the 50-day and +16.1% vs the 200-day average, 15.4% below the 52-week high and +120.4% off the 52-week low. Computed from daily closes. As of 2026-11-04; 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 2026-11-04, United States Oil Fund LP trades -4% below its 50-day and +16.1% above its 200-day average, with the 20-day -8.5% away.
How far is USO from its 52-week high?
15.4% below the 52-week high and 120.4% above the 52-week low, as of 2026-11-04.
Mentioned on Closelooknet
Where USO appears in the diary — 49 pieces, newest first. Every link is our own writing.
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Dailies
- AI Trade — Chips Bounce 3% Before AMD; Apple, Palantir and Shopify Slip After Their Reports
Oil is quiet: Brent futures are near $103.6, from $104.77, and the oil funds BNO and USO move less than 0.5%.
- Asia's Chip Markets — Kospi and Taiwan fall 3.6%, Bitcoin slips under 77,000, Nasdaq futures dip
Oil fell hard on Monday on hopes of progress towards a diplomatic solution over Iran: the US oil fund USO lost 7.08% to 156.87 and the energy sector fund XLE 3.96%.
- Oil — Brent −6.5% on Iran Talks Lifts Stocks; Amazon +5%, Oracle −6% on a $20 Billion Raise
Brent crude futures fall 6.5% to $106.01 a barrel from Friday's $113.43, and the oil funds USO and BNO lose 5.7% and 5.8%.
- Sell-Off — Nasdaq −3%, Chips −8%, Bitcoin −4%, Gold −3%; Only Bonds, Oil and Defensives Hold
The dollar (UUP) is flat, and oil rises, with the USO fund up 2.0%.
- Fed — rates on hold, two officials wanted a hike; Vertiv +15%, Flex +9%, Micron +4%
Energy (XLE +0.9%) leads the sectors as oil climbs, with the oil fund USO +2.9%.
- Big Tech Week — Brazil ETF −15% on Lula's win, Musk calls a neocloud die-off, Kospi −1.5%; verdicts tonight
The defensives that had caught Thursday's money sold too — staples −1.9%, health care −1.1%, utilities −0.7% — while energy rose 2.6% as the oil funds BNO (+3.0%) and USO (+4.3%) pushed to fresh 52-week highs on Gulf supply risk.
- AI Trade — the users give back half their bid as chips bounce 1%; energy hits a 52-week high
SLB trades 7.1% higher at 53.09 after its quarterly report this morning, and the oil funds extend their highs: Brent-tracking BNO +2.7%, WTI-tracking USO +3.0%.
- Chips — the washout hits 7%, Asia refuses to follow, and oil funds close at 52-week highs
Overnight the panic stops at Asia's door — Kospi −0.4%, Hong Kong +0.9%, Nasdaq futures flat — while the oil funds BNO (Brent) and USO (WTI) closed at 52-week highs on Middle East supply fears.