Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 10	D	Weak or Absent	Down	Down	Flat	41.91%
Apr 6	D	Weak or Absent	Down	Down	Down	43.52%
Apr 5	D	Weak or Absent	Down	Down	Flat	42.16%
Apr 4	D	Weak or Absent	Down	Down	Flat	40.77%
Apr 3	D	Weak or Absent	Down	Down	Up	36.72%
Mar 31	D	Strong	Down	Down	Flat	42.16%
Mar 30	D	Strong	Down	Down	Flat	42.16%
Mar 29	D	Strong	Down	Down	Flat	41.21%
Mar 28	C	Strong	Down	Down	Up	40.18%
Mar 27	D	Strong	Down	Down	Down	42.21%