Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 3	D	Weak or Absent	Down	Down	Up	14.63%
Mar 31	D	Strong	Down	Down	Flat	19.18%
Mar 30	D	Strong	Down	Down	Flat	19.18%
Mar 29	D	Strong	Down	Down	Flat	18.39%
Mar 28	C	Strong	Down	Down	Up	17.53%
Mar 27	D	Strong	Down	Down	Down	19.23%
Mar 24	D	Strong	Down	Down	Down	22.50%
Mar 23	D	Weak or Absent	Down	Down	Down	20.37%
Mar 22	D	Weak or Absent	Down	Down	Down	17.37%
Mar 21	D	Weak or Absent	Down	Down	Down	14.32%