Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 13	B	Weak or Absent	Up	Down	Down	31.23%
Mar 10	B	Weak or Absent	Up	Down	Down	27.24%
Mar 9	C	Weak or Absent	Up	Down	Down	23.89%
Mar 8	C	Weak or Absent	Up	Down	Down	19.97%
Mar 7	B	Weak or Absent	Up	Flat	Up	17.26%
Mar 6	B	Weak or Absent	Up	Up	Up	16.19%
Mar 3	B	Weak or Absent	Up	Up	Up	16.52%
Mar 2	B	Weak or Absent	Up	Flat	Up	17.53%
Mar 1	C	Weak or Absent	Up	Down	Down	20.25%
Feb 28	C	Weak or Absent	Up	Down	Down	22.80%