Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 17	C	Weak or Absent	Up	Up	Up	-3.43%
Feb 16	C	Weak or Absent	Up	Up	Up	-8.38%
Feb 15	C	Weak or Absent	Up	Up	Up	-2.54%
Feb 14	C	Weak or Absent	Up	Up	Up	-3.74%
Feb 13	C	Weak or Absent	Up	Flat	Up	-1.71%
Feb 10	C	Weak or Absent	Up	Up	Up	-2.54%
Feb 9	D	Weak or Absent	Up	Down	Down	1.01%
Feb 8	D	Weak or Absent	Up	Down	Down	0.26%
Feb 7	D	Weak or Absent	Up	Down	Down	1.22%
Feb 6	D	Weak or Absent	Up	Down	Down	2.71%