TENARIS SA (TEN.MI) Stock Technical Analysis
BIT:TEN - Euronext Milan - LU2598331598 - Common Stock - Currency: EUR
Overall TEN gets a technical rating of 1 out of 10. TEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
TEN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TEN has an average volume of 2002460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TEN outperforms 69% of them, which is more or less in line with the market.
TEN is an average performer in the Energy Equipment & Services industry, it outperforms 64% of 35 stocks in the same industry.
TEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEN is lagging the market.
Although the technical rating is bad, TEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.39. Right above this resistance zone may be a good entry point.
More info and screens
13.64
18.63
When analyzing the support we can see 3 important areas.
- Support @15.22 from a trend line in the daily time frame.
- A support zone ranging from 14.43 to 14.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.78 to 13.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.39 to 16.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.51 to 16.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for TEN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEN.MI is down. |
| ChartMill Relative Strength | 69.41 | NEUTRAL | TEN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEN.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TEN.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.08 | NEUTRAL | The RSI value for TEN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TEN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.88 | NEUTRAL | The Stochastics value for TEN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for TEN.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:TEN (8/21/2025, 2:42:04 PM)
15.36
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.13%
1 Week-0.65%
2 Weeks-0.32%
1 Month-4.54%
3 Month7.24%
6 Month-16.08%
12 Month20.93%
2 Year3.93%
3 Year11.56%
5 Year211.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.06%
ATR Inc-31.76%
Range Today0.08
ADR(20)0.28
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.41
Mansfield-1.29
10 Day High15.63
10 Day Low15.2
20 Day High16.61
20 Day Low14.95
52 Week High19.45
52 Week Low12.45
CS1 End15.22
CR1 Start15.39
Volume & EV
DER(3)0.99%
DER(5)1.49%
Volume129.14K
Volume Incr-14.22%
Vol(5)1.49M
Vol(50)2.00M