TENARIS SA (TEN.MI) Stock Technical Analysis
Europe - BIT:TEN - LU2598331598 - Common Stock
Overall TEN gets a technical rating of 7 out of 10. TEN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although TEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.16
3 important support areas can be observed.
- A support zone ranging from 15.36 to 15.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.66 to 14.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for TEN.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEN.MI is up. |
| ChartMill Relative Strength | 62.57 | 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) | 75.77 | OVERBOUGHT | The high RSI value suggests TEN.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests TEN.MI has a positive trend. |
| Stochastics (14,3) | 96.83 | OVERBOUGHT | The high Stochastics value suggests TEN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for TEN.MI suggests a strong trend. |
BIT:TEN (10/31/2025, 7:00:00 PM)
17.285
-0.02 (-0.09%)
TENARIS SA / TEN.MI FAQ
What is the ChartMill technical rating of TENARIS SA (TEN.MI) stock?
ChartMill assigns a technical rating of 7 / 10 to TEN.MI.
Can you provide the trend direction for TENARIS SA?
The current trend direction for TENARIS SA (TEN.MI) is Bearish.
What is the RSI signal for TENARIS SA (TEN.MI) stock?
TENARIS SA (TEN.MI) has an RSI value of 75.7719. This indicates that the stock is currently overbought.
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 15.55 and a resistance level at 18.45. Check the full technical report for our detailed analysis of TEN.MI support and resistance levels.