Decline depth
-29.4%
From rolling 252-day high of $154.08, 53d ago.
Past the 20% Watch threshold.
Amber ListRecovering
USOUnited States Oil Fund
-29.4%
from rolling 252-day high of $154.08 set 2026-05-18 · 53d ago
Current
$108.70
Decline depth
-29.4%
Decline σ
7.9σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$USO landed on the list 2026-06-16, down 25.1% from its 52-week high that day — now down -29.4%.
That's 4.4 percentage points deeper than the day it joined. It bottomed 33.0% below that high along the way.
Decline from the 52-week high as it stood on 2026-06-16 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
USO qualifies for the Amber List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.9σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.64% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about USO.
USO qualifies for the Amber List on decline depth — down -29.4% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 7.9σ over 20 bars.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether USO's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.
Upstream TFC read: moderate alignment, current phase weekly. Last bar types — daily 2D (red), weekly 2U (green), monthly 2D (green).
52-week range
52W low $65.99
48.5% of range
52W high $154.08
Related — same sector
Closest decliners to USO
Questions about USO
What people ask.
Why is USO on Broken Stocks?
USO qualifies for the Amber List on decline depth. It is down -29.4% from its rolling 252-day high of $154.08, set on 2026-05-18 — 53d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for USO?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — USO is still Amber List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is USO a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. USO is down -29.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is USO a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is USO trading inside its 52-week range?
At $108.70, USO sits 48.5% of the way from its 52-week low ($65.99) to its 52-week high ($154.08). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has USO been declining?
The current 29.4% decline accrued over 53d, which annualizes to roughly -202.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.