Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 6	B	Strong	Up	Down	Flat	8.47%
Oct 5	C	Strong	Down	Down	Down	10.54%
Oct 4	C	Strong	Down	Down	Down	12.01%
Oct 3	C	Weak or Absent	Down	Down	Down	10.07%
Oct 2	C	Weak or Absent	Down	Down	Down	10.36%
Sep 29	B	Weak or Absent	Up	Down	Flat	6.62%
Sep 28	B	Weak or Absent	Up	Down	Up	5.06%
Sep 27	B	Weak or Absent	Up	Down	Flat	5.72%
Sep 26	B	Weak or Absent	Flat	Down	Down	9.18%
Sep 25	B	Weak or Absent	Up	Down	Down	7.95%