Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Strong	Up	Up	Up	0.07%
Nov 19	B	Strong	Up	Up	Up	0.58%
Nov 18	A	Strong	Up	Up	Up	0.20%
Nov 15	A	Strong	Up	Up	Up	1.56%
Nov 14	B	Strong	Up	Up	Up	1.67%
Nov 13	B	Strong	Up	Up	Up	2.14%
Nov 12	B	Strong	Up	Up	Up	2.89%
Nov 11	B	Strong	Up	Up	Up	-0.06%
Nov 8	B	Strong	Up	Up	Up	1.64%
Nov 7	B	Weak or Absent	Up	Up	Up	0.42%