Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	D	Strong	Up	Down	Up	9.79%
May 17	D	Strong	Up	Down	Up	10.69%
May 16	D	Strong	Up	Down	Up	10.60%
May 15	D	Strong	Up	Down	Up	9.94%
May 14	D	Strong	Up	Down	Up	10.60%
May 13	D	Strong	Up	Down	Up	11.87%
May 10	D	Strong	Flat	Down	Up	13.87%
May 9	D	Strong	Up	Down	Up	12.32%
May 8	F	Strong	Down	Down	Down	15.53%
May 7	D	Strong	Flat	Down	Down	13.90%