Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 1	B	Strong	Up	Up	Up	-6.33%
Feb 29	B	Strong	Up	Up	Up	-5.40%
Feb 28	B	Strong	Up	Up	Up	-7.09%
Feb 27	B	Strong	Up	Up	Up	-7.48%
Feb 26	B	Strong	Up	Up	Up	-7.81%
Feb 23	C	Weak or Absent	Up	Up	Up	-6.62%
Feb 22	C	Weak or Absent	Up	Up	Up	-5.10%
Feb 21	D	Weak or Absent	Up	Down	Up	2.27%
Feb 20	D	Weak or Absent	Up	Down	Up	3.54%
Feb 16	D	Weak or Absent	Up	Down	Up	2.81%