Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 13	C	Strong	Up	Up	Up	4.75%
Jul 12	B	Strong	Up	Up	Up	5.38%
Jul 11	B	Weak or Absent	Up	Up	Up	8.06%
Jul 10	B	Weak or Absent	Up	Up	Up	10.96%
Jul 7	B	Weak or Absent	Up	Up	Up	11.14%
Jul 6	C	Weak or Absent	Down	Up	Up	14.91%
Jul 5	C	Weak or Absent	Down	Up	Up	12.86%
Jul 3	C	Weak or Absent	Flat	Up	Up	12.26%
Jun 30	B	Weak or Absent	Flat	Up	Up	11.96%
Jun 29	C	Weak or Absent	Down	Up	Up	14.13%