United States Oil(USO)
Auto-detected technical analysis for USO · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
USO is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.
A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $62.87 (−9.6%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; USO's own triangles have hit 50.0%.
New to this pattern? What a triangle is and how to trade it →
USO's most recent completed triangle resolved as a loss: it broke down on Dec 11, 2025 near $68.59, then was stopped out at $73.48 on Jan 13, 2026 — a 7.1% move (-1.30R) over 21 sessions. Across 68 backtested triangles, this setup wins 51.5% of the time.
Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.
Every completed pattern trade our nightly backtest found on USO's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Dec 11, 2025 @ $68.59 | Jan 13, 2026 @ $73.48 | Loss | +9.6% · -1.30R |
| Triangle | Nov 20, 2025 @ $70.10 | Jan 13, 2026 @ $73.48 | Loss | +9.0% · -1.31R |
| Triangle | Sep 24, 2025 @ $75.88 | Oct 2, 2025 @ $71.54 | Loss | +6.4% · -1.37R |
| Triangle | Jul 28, 2025 @ $76.70 | Aug 6, 2025 @ $73.79 | Loss | +13.0% · -1.29R |
| Bullish Pennant | Jul 14, 2025 @ $77.27 | Aug 6, 2025 @ $73.79 | Loss | +16.1% · -1.06R |
| Triangle | Dec 30, 2024 @ $74.86 | Jan 22, 2025 @ $80.43 | Win | +7.5% · +1.92R |
| Triangle | Dec 10, 2024 @ $72.00 | Jan 22, 2025 @ $80.43 | Win | +9.9% · +4.18R |
| Rising Wedge | Mar 18, 2024 @ $77.02 | Apr 15, 2024 @ $81.65 | Win | +9.7% · +1.00R |
| Triangle | Jan 22, 2024 @ $69.52 | Apr 15, 2024 @ $81.65 | Win | +11.3% · +3.00R |
| Triangle | Jul 7, 2023 @ $64.76 | Aug 15, 2023 @ $72.62 | Win | +7.5% · +2.02R |
| Bullish Pennant | Jun 5, 2023 @ $65.37 | Sep 25, 2023 @ $80.39 | Win | +21.5% · +2.81R |
| Triangle | Sep 7, 2022 @ $69.17 | Dec 9, 2022 @ $62.08 | Win | +13.2% · +0.72R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is being turned away at a ceiling near $134.45 and starting to slide. On the weekly chart, the next floor below sits near $99.64 — about 24% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $131.42 | $132.91 | $130.59 | $131.68 |
| Jul 21, 2026 | $128.92 | $129.40 | $127.50 | $128.85 |
| Jul 20, 2026 | $123.78 | $126.57 | $123.44 | $125.51 |
| Jul 17, 2026 | $123.20 | $124.88 | $121.45 | $123.96 |
| Jul 16, 2026 | $121.21 | $121.43 | $118.70 | $119.30 |
| Jul 15, 2026 | $121.45 | $121.87 | $118.35 | $121.38 |
| Jul 14, 2026 | $120.65 | $121.37 | $117.73 | $120.17 |
| Jul 13, 2026 | $111.89 | $119.05 | $111.71 | $117.79 |
| Jul 10, 2026 | $109.31 | $110.90 | $107.49 | $108.70 |
| Jul 9, 2026 | $110.84 | $110.90 | $108.38 | $109.01 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.