Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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USO

$166.23 -1.95% Oct 26 close
Detected setup Cup & Handle · Setup Score 80/100

Stand aside — setup invalidated

Setup score 80, but distribution days reach 5 or more — stand aside until the condition resets.

Ask about USO

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$USO

etf Stage 2 · Advancing Base 3+
$166.23 latest close
Market Structure
Trend structure: downtrend
Latest event: bos (bullish)
Support 141.42–142.67 · 4 touches · moderate
Join to Watchlist $USO Share card
Verdict · setup score 80/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 80, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$120$140$160AugSepOct$166

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 4. Breakout volume ≥ 40% above average
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • O'Neil S: Volume ≥ 40% above average on breakout
  • Weinstein Volume expansion above average — Volume ratio 1.06x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
  • Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 9/10 pass; wait for the soft misses to improve.
  • O'Neil: watch CANSLIM read: 3/6 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
77 Strong
Legend Score · rates the stock Strong (77/100) — held back by institutional footprint

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 96
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 67
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 50

RS rank 95: top 5% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 67: mild accumulation. No recent earnings growth data — scored neutral. No sales/ROE data — scored neutral. Updated 2026-10-27.

Price $166.23 -1.9% Oct 26 close
52W High $169.96 2.2% below high
Wks Since High 0w
Base Depth 3.4%
RS Rank 90 percentile of scan
SMA 50 $147.26
Avg Vol 5,278,197
Rel Vol (Oct 26) 1.06× 1.40× on up days
More stats
52W Low $65.99
Tight Wks 0
Base B3
SMA 200 $122.08
RS Line vs High -2.6%
RS Line Slope +15.8% ▲
ADR% 2.7%
ATR(14) $4.78 (2.9%)
Vol Pace (live) N/A
A/D Days 16A / 16D
A/D Rating C
VDU Bars 0/10 d
Power Trend 13d
Position in 52-week range 96thpercentile of the 52-week range
$65.99low
$169.96high

USO Chart

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Technical Analysis Report Card

$USO · $166.23 · as of 2026-10-26 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$147.26 ↑
100-day$133.81 ↑
200-day$122.08 ↑
Bullish (50 > 200)

RSI (14)

Reading66.3 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+1.255

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width89% · 21.3%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol1.4 · Neutral
Rel volume1.06×
Pocket pivots · 10d0
5d vs 50d vol114%
Heavy vol up / down0 / 0

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

Support & Resistance

R · $169.9652-week high
Price · $166.23now
S · $142.21swing level
S · $126.68swing level
S · $118.06swing level

Fibonacci · Uptrend swing

23.6%$154.02
38.2%$144.16
50.0%$136.19
61.8%$128.22
78.6%$116.87

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 95 (leader)
Want this read in a legend's voice? Ask a Legend about USO
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (80/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 9 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch A Trend-template read: 9/10 pass; wait for the soft misses to improve.

partialEnter on break of $163.51 pivot with stop at $154.97 (risk 5.2%). SEPA Grade A (3/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $166.23, MA150 $133.88, MA200 $122.08
1.2 150-day MA > 200-day MAMA150 $133.88 vs MA200 $122.08
Failing evidence
4. Breakout volume ≥ 40% above averageNot confirmed
Not applicable
2. Quarterly EPS growth ≥ 25%No single-company earnings — not applicable to ETFs
2. ROE ≥ 17%No single-company earnings — not applicable to ETFs
2. Revenue growth ≥ 20% YoYNo single-company earnings — not applicable to ETFs
9/10 checks
Method → Playbook → Ask →
O'Neil Watch D CANSLIM read: 3/6 pass; improvement is still needed.

mediumCup & Handle still forming — ideal buy point at $163.51 on big volume. CANSLIM 85.

Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 95
N: Near 52-week high or RS line new high2.2% below high | RS line new high: False
Failing evidence
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
S: Volume ≥ 40% above average on breakoutNot confirmed
Not applicable
C: Quarterly EPS acceleration ≥ 25%No single-company earnings — not applicable to ETFs
A: Annual earnings & revenue qualityNo single-company earnings — not applicable to ETFs
3/6 checks
Method → Playbook → Ask →
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $166.23 vs MA200 $122.08
Failing evidence
Volume expansion above averageVolume ratio 1.06x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $141.76
Volatility-unit sizing (1N ≈ 1% of equity)1N = $5.06 (3.04% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/8 checks
Method → Playbook → Ask →
zanger Watch B Zanger read: the structure is fine but the breakout quality is not there yet — wait for 150%+ volume on the break.

mediumZanger would buy the Cup & Handle breakout only with 150-200% volume, never more than 5% above the breakout point, with a 2-3% stop set at entry. His edge over O'Neil is the exit plan: sell 20-30% of the position at +15-20%, then trail the rest on the 10/20-day moving average.

Passing evidence
Named Zanger pattern onlyCup & Handle
Not extended (≤5% above the breakout point)Measured as passing
Failing evidence
Breakout volume 1.5-2.0x averageNot confirmed
5/6 checks
Method → Playbook → Ask →
zweig Watch A Zweig read: passes his full growth screen — earnings growing faster than the market, a price that is reasonable for that growth, insiders buying, and price strength. Super Model timing — timing tailwinds: Breadth momentum, 4% Model (breadth proxy); 2 timing leg(s) lack data.
Passing evidence
Price strength (RS ≥ 70)RS score 95 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (1990 adv / 1698 dec) — participation expanding
Failing evidence
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
9-to-1 up/down volume daysOnly 17 breadth sessions stored — need 20+ to spot thrust days
Not applicable
EPS growth above the marketNo single-company earnings — not applicable to ETFs
Reasonable price for the growthNo single-company earnings — not applicable to ETFs
Insider buyingNo single-company earnings — not applicable to ETFs
3/5 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$166.23
Relative strengthRS 95
Failing evidence
Volume vs average1.06x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence
Price$166.23
Relative strengthRS 95
Failing evidence
Volume vs average1.06x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$166.23
Relative strengthRS 95
Failing evidence
Volume vs average1.06x
Sign of Strength confirmed on expanding volume1.06x average volume — needs ≥1.4x
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
204RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +10 C
A: 19 D: 9 Net: +1065 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 3/3 met · earnings criteria N/A for ETFs
A+ 3/3 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
– EPS acceleration ≥25% QoQ N/A
– Revenue growth ≥20% YoY N/A
– Gross margin ≥30% N/A
– ROE ≥17% N/A
✓ RS rating ≥80 (leadership) 95
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -2.2%

Method Playbook

Trade it like O'Neil EXACT LEVELS · PRO
O'Neil D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Cup & Handle Historical replay: +20% before −8% within 40 sessions: 16% (n=376) · source bars 2024-11-01–2026-10-26 · avg +0.3% per setup (+0.03R) ⚠ Late-stage base (#4)
80 setup score
RS Score 95
Trend template 8/8 ✓
CANSLIM 84.8* (B)
31.2% cup depth 4.4% handle 2 sessions since breakout
  • Cup 31.2% deep from a $148.80 left rim to a $102.42 low
  • Rims 9.8% apart (ideal, within 10%)
  • Handle pulled back 4.4% over 1 bar from $162.99 to $155.75
  • Handle sits in the upper half of the cup
  • Rounded U-shaped bottom
  • Pivot $163.35 fixed at the handle high
  • Breakout: 2 bars since the first close above the pivot
  • Volume dried up in the handle
Raw detector evidence · confidence is a heuristic match score, not a probability depth=31.2%, handle_pb=4.4%, lips_diff=9.8%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (95) | High-confidence pattern (97%) | Power Trend | Stage 2 | Readiness 82/100 (watch) | CANSLIM 84.8 (B) | ⚠ Late-stage base (#4) setup_key=cup_handle|2026-07-02|2026-09-15|163.35 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 99, "bars_ago": 80, "date": "2026-07-02", "price": 102.42}, "breakout": {"bar": 178, "bars_ago": 1, "date": "2026-10-23", "price": 169.53}, "handle_high": {"bar": 174, "bars_ago": 5, "date": "2026-10-19", "price": 162.99}, "handle_low": {"bar": 175, "bars_ago": 4, "date": "2026-10-20", "price": 155.75}, "left_lip": {"bar": 56, "bars_ago": 123, "date": "2026-04-30", "price": 148.8}, "right_lip": {"bar": 150, "bars_ago": 29, "date": "2026-09-15", "price": 163.35}}
Why This Setup? D+W Confluence
cup handle Cup & Handle · schematic

depth=31.2%, handle_pb=4.4%, lips_diff=9.8%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (95) | High-confidence pattern (97%) | Power Trend | Stage 2 | Readiness 82/100 (watch) | CANSLIM 84.8 (B) | ⚠ Late-stage base (#4)

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

5/7 universals met
  • Clear of earnings — partly met Report date unknown
  • Volume confirms — partly met 1.1× average — light
  • A relative-strength leader — met RS rank 90
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $166.23 vs SMA150 $133.88 / SMA200 $122.08
SMA 150 above SMA 200 SMA150 $133.88 vs SMA200 $122.08
SMA 200 trending up Slope +8.46 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $147.26
Price above SMA 50 $166.23 vs SMA50 $147.26
30%+ above 52-week low +151.9% from $65.99
Within 25% of 52-week high -2.2% from $169.96
RS score above 70 RS 95

Fundamentals

52W Range
96%
Insider
No Buy

Company

Company profile
USO
USO
Track all markets on TradingView
O'Neil · Grade Card
ETF checklist — N, S, L, M only
B 84.8* CANSLIM * disqualified on M
C · Curr. EPS
N/A
A · Annual EPS
N/A
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
95
I · Inst. Spons.
N/A
M · Market
30
ETFs hold baskets of stocks — earnings and insider criteria don't apply. This grades new highs, supply/demand, relative-strength leadership, and market direction instead.

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
100
W. Support
$102.42
W. Resist
$169.96
W. Patterns
Base Breakout Symmetrical Triangle
Weekly Structure

Scan History

20× streak
Oct 23: 80 (VCP)Oct 26: 80 (Cup & Handle)Oct 27: 80 (Cup & Handle)80
Oct 27
Cup & Handle ✓ Gate
80
Oct 26
Cup & Handle ✓ Gate
80 0.0%
Oct 23
VCP ✓ Gate
80 -1.9%

Latest News

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