Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 6	D	Weak or Absent	Down	Flat	Up	45.33%
Jun 5	D	Weak or Absent	Down	Down	Up	48.55%
Jun 2	D	Weak or Absent	Down	Down	Up	48.27%
Jun 1	F	Weak or Absent	Down	Down	Down	54.04%
May 31	D	Weak or Absent	Down	Down	Down	59.83%
May 30	D	Weak or Absent	Down	Down	Down	54.58%
May 26	D	Weak or Absent	Down	Down	Down	53.74%
May 25	D	Weak or Absent	Down	Down	Down	53.86%
May 24	D	Weak or Absent	Down	Down	Up	50.13%
May 23	D	Weak or Absent	Down	Down	Up	49.33%