Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	A	Weak or Absent	Up	Up	Flat	21.21%
Oct 10	A	Weak or Absent	Up	Up	Up	19.07%
Oct 7	A	Weak or Absent	Up	Up	Up	15.59%
Oct 6	A	Weak or Absent	Up	Up	Up	15.39%