Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 29	A	Weak or Absent	Up	Up	Down	20.11%
Nov 28	A	Weak or Absent	Up	Up	Down	23.59%
Nov 25	B	Strong	Up	Up	Flat	19.83%