Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	D	Strong	Flat	Down	Down	14.00%
May 3	F	Strong	Down	Down	Down	14.95%
May 2	F	Strong	Down	Down	Down	15.98%
May 1	D	Strong	Down	Down	Down	16.88%
Apr 30	D	Strong	Down	Down	Down	17.77%
Apr 29	D	Strong	Flat	Down	Down	14.00%
Apr 26	D	Strong	Up	Down	Down	12.26%
Apr 25	B	Strong	Up	Down	Down	3.91%
Apr 24	B	Strong	Up	Flat	Down	4.11%
Apr 23	B	Strong	Up	Up	Down	2.59%