Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 8	F	Strong	Down	Down	Down	17.18%
Aug 7	F	Strong	Down	Down	Down	16.80%
Aug 6	F	Weak or Absent	Down	Down	Down	17.30%
Aug 5	F	Weak or Absent	Down	Down	Down	15.92%
Aug 2	F	Weak or Absent	Down	Down	Down	15.47%
Aug 1	F	Weak or Absent	Down	Down	Down	13.06%
Jul 31	D	Weak or Absent	Down	Flat	Up	2.20%
Jul 30	F	Weak or Absent	Down	Down	Flat	3.53%
Jul 29	F	Weak or Absent	Down	Down	Flat	3.04%
Jul 26	F	Weak or Absent	Down	Flat	Up	2.20%