TENARIS SA (TEN.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:TEN • LU2598331598
Overall TEN gets a technical rating of 8 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- TEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TEN has a been trading in the 17.07 - 19.77 range, which is quite wide. It is currently trading near the high of this range.
- TEN has an average volume of 2799410 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 54% of them, which is more or less in line with the market.
- TEN is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, TEN did better than 45% of them.
Although TEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.16
We found 5 important support areas.
- A support zone ranging from 18.50 to 19.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.07 to 17.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.03 to 15.23. 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.
- Support @14.30 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 | 54.63 | 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) | UP | POSITIVE | The current price of TEN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.81 | OVERBOUGHT | The high RSI value suggests TEN.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TEN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.11 | OVERBOUGHT | The high Stochastics value suggests TEN.MI may be overbought. |
| 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) | 28.67 | POSITIVE | The high ADX value value for TEN.MI suggests a strong trend. |
BIT:TEN (2/5/2026, 7:00:00 PM)
19.46
-0.02 (-0.08%)
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.
What is the current trend direction of TENARIS SA (TEN.MI) stock?
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 73.8102. This indicates that the stock is currently overbought.
What is the buy/sell signal for TENARIS SA (TEN.MI) stock?
The buy/sell signal for TENARIS SA (TEN.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TEN stock?
TENARIS SA (TEN.MI) has a support level at 19.24. Check the full technical report for our detailed analysis of TEN.MI support and resistance levels.