Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 15	D	Weak or Absent	Up	Down	Up	2.24%
Feb 14	D	Weak or Absent	Up	Down	Flat	5.01%
Feb 13	D	Weak or Absent	Up	Down	Down	5.34%
Feb 12	D	Strong	Up	Down	Up	3.67%
Feb 9	D	Strong	Up	Down	Down	5.14%
Feb 8	D	Strong	Up	Down	Down	4.55%
Feb 7	D	Strong	Up	Down	Down	5.28%
Feb 6	D	Strong	Up	Down	Down	4.48%
Feb 5	D	Strong	Up	Down	Down	6.15%
Feb 2	D	Strong	Up	Down	Flat	3.73%