Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 6	F	Weak or Absent	Down	Down	Down	13.94%
Sep 5	D	Weak or Absent	Down	Down	Flat	13.14%
Sep 4	D	Strong	Down	Down	Up	12.21%
Sep 3	D	Strong	Down	Down	Up	11.34%
Aug 30	D	Strong	Down	Down	Up	9.60%
Aug 29	D	Strong	Down	Down	Up	11.21%
Aug 28	F	Strong	Down	Down	Down	16.59%
Aug 27	F	Strong	Down	Down	Flat	15.72%
Aug 26	F	Strong	Down	Down	Up	13.38%
Aug 23	F	Strong	Down	Down	Up	14.38%