TENARIS SA (TEN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:TEN - LU2598331598 - Common Stock
We assign a technical rating of 8 out of 10 to TEN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TEN is only an average performer.
Besides having an excellent technical rating, TEN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 17.44, a Stop Loss order could be placed below this zone.
More info and screens
14.51
4 important support areas can be observed.
- A support zone ranging from 17.17 to 17.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.52 to 16.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.96 to 15.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @17.44 from a trend line in the daily time frame.
- Resistance @17.79 from a trend line in the daily time frame.
- Resistance @18.45 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TEN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEN.MI is up. |
| ChartMill Relative Strength | 46.96 | NEUTRAL | TEN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TEN.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.41 | NEUTRAL | The RSI value for TEN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TEN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.97 | OVERBOUGHT | The high Stochastics value suggests TEN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.63 | NEGATIVE | The low ADX value for TEN.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.80 | 17.16 | 0.64 (3.60%) | 25.00% |
| An entry @17.80. This is a Buy Stop order right above the resistance zone. | An exit @17.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.64 points, which is 3.60%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:TEN (12/9/2025, 5:36:15 PM)
17.43
-0.2 (-1.13%)
TENARIS SA / TEN.MI FAQ
What is the ChartMill technical rating of TENARIS SA (TEN.MI) stock?
ChartMill assigns a technical rating of 8 / 10 to TEN.MI.
Can you provide the trend direction for TENARIS SA?
The current trend direction for TENARIS SA (TEN.MI) is Bullish.
What is the RSI signal for TENARIS SA (TEN.MI) stock?
TENARIS SA (TEN.MI) has an RSI value of 58.407. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TENARIS SA?
The short term momentum for TENARIS SA (TEN.MI) is positive.
Can you provide the support and resistance levels for TENARIS SA?
TENARIS SA (TEN.MI) has a support level at 17.44 and a resistance level at 17.79. Check the full technical report for our detailed analysis of TEN.MI support and resistance levels.