TENARIS SA-ADR (TS)

US88031M1099 - ADR

32.615  -0.29 (-0.9%)

Technical Rating and Analysis

1

Taking everything into account, TS scores 1 out of 10 in our technical rating. TS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month TS has a been trading in the 32.70 - 35.38 range, which is quite wide. It is currently trading near the lows of this range.
TS has an average volume of 1775300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, TS turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
TS is part of the Energy Equipment & Services industry. There are 65 other stocks in this industry, TS did better than 45% of them.
TS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TS is lagging the market.
Weekly and Daily overview Charts
TS Weekly chart
TS Daily chart
Setup Rating and Analysis

3

The technical rating of TS 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.

Support and Resistance Analysis

27.66

35.70

We found 2 important support areas.

  • A support zone ranging from 30.99 to 31.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @27.94 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 32.89 to 32.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 33.86 to 34.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 35.11 to 35.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.71
Mansfield-1.25
10 Day High35.38
10 Day Low32.7
20 Day High35.38
20 Day Low32.7
52 Week High40.73
52 Week Low26.28
Performance
1 Week-4.44%
2 Weeks-6.32%
1 Month-0.24%
3 Month-7.43%
6 Month-5.62%
12 Month23.3%
2 Year-1.29%
3 Year43.65%
5 Year41.18%
10 Year-26.62%
15 Year7.65%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)34.68
LBB32.94
UBB35.78
TS Daily chart

TENARIS SA-ADR

NYSE:TS (5/30/2024, 11:43:07 AM)

32.615

-0.29 (-0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.9%
1 Week-4.44%
2 Weeks-6.32%
1 Month-0.24%
3 Month-7.43%
6 Month-5.62%
12 Month23.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.76
ATR(20)%2.15%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High35.38
10 Day Low32.7
20 Day High35.38
20 Day Low32.7
52 Week High40.73
52 Week Low26.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.50M
Volume Incr-7.35%
Vol(5)1.88M
Vol(50)1.78M