Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 26	A	Weak or Absent	Up	Down	Down	23.58%
Oct 25	A	Weak or Absent	Up	Flat	Down	21.44%
Oct 24	A	Weak or Absent	Up	Up	Down	20.73%
Oct 23	A	Weak or Absent	Up	Up	Down	20.62%
Oct 20	A	Weak or Absent	Up	Up	Down	20.33%
Oct 19	A	Weak or Absent	Up	Up	Up	19.12%
Oct 18	A	Weak or Absent	Up	Up	Up	17.73%
Oct 17	A	Weak or Absent	Up	Up	Up	16.89%
Oct 16	A	Weak or Absent	Up	Up	Up	18.16%
Oct 13	A	Weak or Absent	Up	Up	Up	18.37%