Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	D	Strong	Up	Down	Down	5.41%
Jan 17	D	Weak or Absent	Up	Down	Down	6.32%
Jan 16	D	Weak or Absent	Up	Down	Down	6.18%
Jan 12	D	Weak or Absent	Up	Down	Down	3.06%
Jan 11	D	Weak or Absent	Up	Down	Down	3.16%
Jan 10	D	Weak or Absent	Up	Down	Down	3.25%
Jan 9	D	Weak or Absent	Up	Down	Down	2.05%
Jan 8	D	Weak or Absent	Up	Down	Down	-0.63%
Jan 5	C	Weak or Absent	Up	Flat	Down	-1.92%
Jan 4	D	Weak or Absent	Up	Flat	Down	-1.39%