Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	A	Strong	Up	Up	Up	1.70%
Nov 7	A	Strong	Up	Up	Up	0.48%
Nov 4	A	Strong	Up	Up	Up	1.61%
Nov 3	A	Strong	Up	Up	Up	5.60%
Nov 2	A	Strong	Up	Up	Up	8.67%
Nov 1	A	Strong	Up	Up	Up	6.20%
Oct 31	A	Strong	Up	Up	Up	6.94%
Oct 28	A	Weak or Absent	Up	Up	Up	9.92%
Oct 27	A	Weak or Absent	Up	Up	Up	8.46%
Oct 26	A	Weak or Absent	Up	Up	Up	8.25%