Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 3	A	Weak or Absent	Up	Up	Up	-3.24%
Nov 2	A	Weak or Absent	Up	Up	Up	-2.62%
Nov 1	A	Weak or Absent	Up	Down	Down	5.85%
Oct 31	A	Weak or Absent	Up	Down	Down	7.57%
Oct 30	A	Weak or Absent	Up	Down	Down	6.45%
Oct 27	A	Weak or Absent	Up	Down	Down	7.23%
Oct 26	A	Weak or Absent	Up	Down	Down	5.92%
Oct 25	A	Weak or Absent	Up	Flat	Down	4.08%
Oct 24	A	Weak or Absent	Up	Up	Down	3.48%
Oct 23	A	Weak or Absent	Up	Up	Down	3.38%