Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 11	D	Strong	Down	Down	Up	4.29%
Jul 10	D	Strong	Down	Down	Up	5.07%
Jul 9	F	Strong	Down	Down	Flat	6.83%
Jul 8	F	Strong	Down	Down	Flat	6.27%
Jul 5	D	Strong	Down	Down	Up	5.24%
Jul 3	D	Strong	Down	Down	Up	4.56%
Jul 2	D	Strong	Down	Down	Up	5.58%
Jul 1	D	Strong	Down	Down	Flat	5.86%
Jun 28	F	Strong	Down	Down	Flat	6.62%
Jun 27	F	Strong	Down	Down	Down	8.90%