Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 6	B	Weak or Absent	Up	Up	Up	-4.04%
Mar 3	B	Weak or Absent	Up	Up	Up	-3.77%
Mar 2	B	Weak or Absent	Up	Flat	Up	-2.93%
Mar 1	C	Weak or Absent	Up	Down	Down	-0.68%
Feb 28	C	Weak or Absent	Up	Down	Down	1.42%
Feb 27	C	Weak or Absent	Up	Down	Down	-1.59%
Feb 24	B	Weak or Absent	Up	Down	Down	-0.45%
Feb 23	C	Weak or Absent	Up	Down	Down	-1.73%
Feb 22	C	Weak or Absent	Up	Down	Down	1.11%
Feb 21	C	Weak or Absent	Up	Flat	Down	-1.82%