Trend Table for TS - Tenaris S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 10	C	Strong	Down	Up	Flat	16.51%
Oct 9	D	Strong	Down	Up	Down	18.20%
Oct 8	D	Strong	Down	Up	Down	18.69%
Oct 7	C	Strong	Down	Up	Up	15.87%
Oct 4	D	Strong	Flat	Up	Up	15.37%
Oct 3	C	Strong	Flat	Up	Up	15.69%
Oct 2	D	Strong	Down	Up	Up	15.90%
Oct 1	D	Weak or Absent	Down	Up	Up	16.22%
Sep 30	D	Weak or Absent	Down	Up	Up	18.09%
Sep 27	D	Weak or Absent	Down	Up	Up	18.91%