Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 24	D	Strong	Down	Down	Down	46.42%
Mar 23	D	Weak or Absent	Down	Down	Down	43.87%
Mar 22	D	Weak or Absent	Down	Down	Down	40.28%
Mar 21	D	Weak or Absent	Down	Down	Down	36.63%
Mar 20	D	Weak or Absent	Down	Down	Down	42.30%
Mar 17	D	Weak or Absent	Down	Down	Down	43.56%
Mar 16	D	Weak or Absent	Down	Down	Down	39.84%
Mar 15	D	Weak or Absent	Down	Down	Down	41.30%
Mar 14	B	Weak or Absent	Up	Down	Down	30.05%
Mar 13	B	Weak or Absent	Up	Down	Down	31.06%