TENARIS SA (TEN.MI) Stock Technical Analysis
BIT:TEN - Euronext Milan - LU2598331598 - Common Stock - Currency: EUR
Taking everything into account, TEN scores 6 out of 10 in our technical rating. In the past year, TEN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TEN has an average volume of 2223820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TEN turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
TEN is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, TEN did better than 65% of them.
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.
In the last month TEN has a been trading in the 15.17 - 16.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TEN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for TEN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.64
19.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.99 to 15.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.26 from a trend line in the weekly time frame.
- 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 16.26 to 16.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.45 from a horizontal line in the weekly time frame.
- Resistance @19.07 from a horizontal line in the daily 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 | 56.31 | 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 | MIXED | The current price of TEN.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.35 | NEUTRAL | The RSI value for TEN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TEN.MI has a negative trend. |
| Stochastics (14,3) | 45.6 | NEUTRAL | The Stochastics value for TEN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.29 | 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)
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 |
|---|---|---|---|
| 16.27 | 15.92 | 0.35 (2.15%) | 25.00% |
| An entry @16.27. This is a Buy Stop order right above the 10 day moving average. | An exit @15.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.35 points, which is 2.15%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TEN. Please evaluate whether better entry and exit points can be found.
- 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 (7/18/2025, 12:21:17 PM)
16.048
+0.05 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.3%
1 Week-2.26%
2 Weeks-1.96%
1 Month1.85%
3 Month10%
6 Month-15.66%
12 Month10.34%
2 Year5.75%
3 Year17.6%
5 Year224.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2%
ATR Inc-45.86%
Range Today0.14
ADR(20)0.3
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.31
Mansfield-0.75
10 Day High16.66
10 Day Low15.93
20 Day High16.66
20 Day Low15.17
52 Week High19.45
52 Week Low12.05
CS1 End15.05
CR1 Start16.03
Volume & EV
DER(3)4.48%
DER(5)2.24%
Volume299.23K
Volume Incr-41%
Vol(5)1.40M
Vol(50)2.22M