Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 20	D	Weak or Absent	Down	Down	Down	17.30%
Mar 17	D	Weak or Absent	Down	Down	Down	18.34%
Mar 16	D	Weak or Absent	Down	Down	Down	15.28%
Mar 15	D	Weak or Absent	Down	Down	Down	16.48%
Mar 14	B	Weak or Absent	Up	Down	Down	7.20%
Mar 13	B	Weak or Absent	Up	Down	Down	8.04%
Mar 10	B	Weak or Absent	Up	Down	Down	4.75%
Mar 9	C	Weak or Absent	Up	Down	Down	2.00%
Mar 8	C	Weak or Absent	Up	Down	Down	-1.23%
Mar 7	B	Weak or Absent	Up	Flat	Up	-3.46%