Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	B	Strong	Up	Up	Flat	19.97%
Aug 15	A	Strong	Up	Up	Flat	19.32%
Aug 14	A	Strong	Up	Up	Up	17.94%
Aug 11	A	Strong	Up	Up	Up	17.59%
Aug 10	A	Strong	Up	Up	Up	17.97%
Aug 9	A	Strong	Up	Up	Up	17.73%
Aug 8	A	Strong	Up	Up	Flat	20.15%
Aug 7	C	Strong	Up	Up	Down	21.26%
Aug 4	C	Strong	Up	Up	Down	21.03%
Aug 3	C	Strong	Up	Up	Down	24.45%