Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 24	C	Weak or Absent	Up	Up	Flat	14.27%
Nov 22	C	Weak or Absent	Up	Up	Down	15.80%
Nov 21	B	Weak or Absent	Up	Up	Flat	14.24%
Nov 20	B	Weak or Absent	Up	Up	Up	12.84%
Nov 17	C	Weak or Absent	Up	Up	Flat	14.61%
Nov 16	B	Weak or Absent	Up	Up	Down	17.17%
Nov 15	B	Weak or Absent	Up	Up	Flat	13.88%
Nov 14	B	Weak or Absent	Up	Up	Up	12.06%
Nov 13	A	Weak or Absent	Up	Up	Up	12.96%
Nov 10	A	Weak or Absent	Up	Up	Up	13.45%