TENARIS SA (TEN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:TEN - LU2598331598 - Common Stock
Overall TEN gets a technical rating of 2 out of 10. TEN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of TEN is bad and it also does not present a quality setup 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
14.51
We found 2 important support areas.
- A support zone ranging from 15.00 to 15.07. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.59 to 17.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.64 to 17.89. 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 | NEUTRAL | NEUTRAL | The long term trend for TEN.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEN.MI is down. |
| ChartMill Relative Strength | 32.38 | 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) | UP | MIXED | The current price of TEN.MI is below 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) | 36.3 | NEUTRAL | The RSI value for TEN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TEN.MI has a negative trend. |
| Stochastics (14,3) | 10.63 | OVERSOLD | The low Stochastics value suggests TEN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for TEN.MI suggests a possible start of a new trend. |
BIT:TEN (12/19/2025, 7:00:00 PM)
16.205
-0.25 (-1.49%)
TENARIS SA / TEN.MI FAQ
What is the ChartMill technical rating of TENARIS SA (TEN.MI) stock?
ChartMill assigns a technical rating of 2 / 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 36.3033. 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 negative.
Can you provide the support and resistance levels for TENARIS SA?
TENARIS SA (TEN.MI) has a support level at 15.07 and a resistance level at 16.59. Check the full technical report for our detailed analysis of TEN.MI support and resistance levels.