Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 22	F	Strong	Down	Down	Flat	16.34%
Aug 21	F	Strong	Down	Down	Flat	16.05%
Aug 20	F	Strong	Down	Down	Down	17.77%
Aug 19	F	Strong	Down	Down	Up	14.90%
Aug 16	F	Strong	Down	Down	Up	15.35%
Aug 15	F	Strong	Down	Down	Up	14.78%
Aug 14	F	Strong	Down	Down	Flat	16.38%
Aug 13	F	Strong	Down	Down	Down	15.88%
Aug 12	F	Strong	Down	Down	Down	15.88%
Aug 9	F	Strong	Down	Down	Down	17.43%