Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 21	C	Weak or Absent	Down	Up	Up	40.13%
Jun 20	C	Weak or Absent	Down	Up	Flat	42.86%
Jun 16	C	Weak or Absent	Down	Up	Up	40.08%
Jun 15	C	Weak or Absent	Down	Up	Up	38.85%
Jun 14	C	Weak or Absent	Down	Up	Up	41.89%
Jun 13	D	Weak or Absent	Down	Up	Up	40.88%
Jun 12	D	Weak or Absent	Down	Up	Up	44.90%
Jun 9	D	Weak or Absent	Down	Up	Up	43.33%
Jun 8	D	Weak or Absent	Down	Up	Up	42.45%
Jun 7	D	Weak or Absent	Down	Up	Up	42.71%