TENARIS SA (TEN.MI) Stock Technical Analysis
Europe - BIT:TEN - LU2598331598 - Common Stock
15.47 EUR
-0.03 (-0.19%)
We assign a technical rating of 3 out of 10 to TEN. Recently some decent action could be observed, but in the medium term time frame this is still negative. TEN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, TEN is a bad performer in the overall market: 67% of all stocks are doing better.
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.
In the last month TEN has a been trading in the 14.54 - 15.88 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
TEN has an average volume of 1922070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEN is an average performer in the Energy Equipment & Services industry, it outperforms 58% of 40 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.40, a Stop Loss order could be placed below this zone.
More info and screens
14.48
18.63
We found 2 important support areas.
- A support zone ranging from 14.92 to 15.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.63 to 14.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- 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 | 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 | 33.53 | 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) | DOWN | MIXED | The current price of TEN.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.9 | NEUTRAL | The RSI value for TEN.MI is a neutral value. |
| 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) | 80.42 | OVERBOUGHT | The high Stochastics value suggests TEN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.37 | 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 (10/3/2025, 7:00:00 PM)
15.47
-0.03 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.19%
1 Week1.94%
2 Weeks3.9%
1 Month3.37%
3 Month-4.54%
6 Month0%
12 Month3.97%
2 Year4.25%
3 Year-1.5%
5 Year279.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.12%
ATR Inc-12.12%
Range Today0.21
ADR(20)0.31
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.53
Mansfield-1.6
10 Day High15.88
10 Day Low14.54
20 Day High15.88
20 Day Low14.54
52 Week High19.45
52 Week Low13.67
CS1 End15.4
CR1 Start16.51
Volume & EV
DER(3)2.1%
DER(5)-0.18%
Volume1.02M
Volume Incr-2.76%
Vol(5)2.05M
Vol(50)1.92M