United States Oil Fund (USO)

Is United States Oil Fund (USO) A Buy Now?

According to our latest analysis, USO could be considered a Moderate Sell, with 17 technical analysis indicators signaling 7 Buy signals, 8 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on USO, as trading bearish markets can be challenging and may result in losses.

1. RSI (Relative Strength Index): The RSI(14) value of 37.39 indicates that USO is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
2. STOCH (Stochastic Oscillator): The STOCH value of 13.58 indicates that USO is oversold. This indicates that USO price is at or near the lowest level over a specified lookback period.
3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 2.70 indicates that USO is oversold. This suggests that USO price is at or near the lowest level relative to its recent price history.
4. ADX (Average Directional Index): The ADX value of 28.42 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
5. CCI (Commodity Channel Index): A CCI(14) value of -77.08 indicates that USO is still oversold but not to an extreme extent.

Long-term USO price forecast for 2026, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about United States Oil Fund financial reports and earnings history, United States Oil Fund (USO) stock could reach $274.50 by 2030, $555.69 by 2040 and $697.39 by 2050. See the projected annual prices until 2050 of the United States Oil Fund stock below:

• United States Oil Fund (USO) is expected to reach an average price of $421.08 in 2035, with a high prediction of $424.29 and a low estimate of $366.71. This indicates an +196.53% change from the last recorded price of $142.00.
• United States Oil Fund (USO) stock is projected to chart a bullish course in 2040, with an average price target of $551.94, representing an +288.69% change from its current level. The forecast ranges from a conservative $462.17 to a sky-high $555.69.
• Our analysts predict United States Oil Fund (USO) to change +352.15% by 2045, soaring from $534.39 to an average price of $642.06, potentially reaching $649.25. While $534.39 is the low estimate, the potential upside is significant.
• United States Oil Fund (USO) stock is expected to climb by 2050, reaching an average of $697.34, a +391.08% change from its current level. However, a wide range of estimates exists, with high and low targets of $697.39 and $575.86, respectively, highlighting the market's uncertainty.

United States Oil Fund Stock (USO) Year by Year Forecast