Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 2	D	Weak or Absent	Down	Down	Down	26.08%
May 1	D	Weak or Absent	Down	Down	Flat	19.39%
Apr 28	D	Weak or Absent	Down	Down	Flat	19.89%
Apr 27	D	Weak or Absent	Down	Down	Down	23.68%
Apr 26	D	Weak or Absent	Down	Down	Down	20.81%
Apr 25	D	Weak or Absent	Down	Down	Down	20.60%
Apr 24	D	Weak or Absent	Down	Down	Up	15.19%
Apr 21	D	Weak or Absent	Down	Down	Down	20.30%
Apr 20	D	Weak or Absent	Down	Down	Down	19.39%
Apr 19	D	Weak or Absent	Down	Down	Flat	18.44%