Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 17	C	Weak or Absent	Up	Up	Flat	-1.77%
Nov 16	B	Weak or Absent	Up	Up	Down	0.42%
Nov 15	B	Weak or Absent	Up	Up	Flat	-2.40%
Nov 14	B	Weak or Absent	Up	Up	Up	-3.96%
Nov 13	A	Weak or Absent	Up	Up	Up	-3.18%
Nov 10	A	Weak or Absent	Up	Up	Up	-2.77%
Nov 9	A	Weak or Absent	Up	Up	Up	-0.38%
Nov 8	A	Weak or Absent	Up	Up	Up	0.39%
Nov 7	A	Weak or Absent	Up	Up	Up	-2.00%
Nov 6	A	Weak or Absent	Up	Up	Up	-4.80%