Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 29	C	Weak or Absent	Down	Up	Up	14.18%
Jun 28	C	Weak or Absent	Down	Up	Up	17.67%
Jun 27	C	Weak or Absent	Down	Up	Up	17.96%
Jun 26	C	Weak or Absent	Down	Up	Up	18.16%
Jun 23	C	Weak or Absent	Down	Up	Flat	19.60%
Jun 22	C	Weak or Absent	Down	Up	Flat	19.64%
Jun 21	C	Weak or Absent	Down	Up	Up	18.79%
Jun 20	C	Weak or Absent	Down	Up	Flat	21.11%
Jun 16	C	Weak or Absent	Down	Up	Up	18.75%
Jun 15	C	Weak or Absent	Down	Up	Up	17.71%