TENARIS SA (TEN.MI) Stock Technical Analysis
BIT:TEN - Borsa Italiana Milan - LU2598331598 - Common Stock - Currency: EUR
Taking everything into account, TEN scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TEN is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
TEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TEN is lagging the market slightly.
TEN has an average volume of 2663530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TEN is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TEN is an average performer in the Energy Equipment & Services industry, it outperforms 58% of 35 stocks in the same industry.
In the last month TEN has a been trading in the 17.57 - 19.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TEN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.45, a Stop Loss order could be placed below this zone.
More info and screens
12.82
19.26
2 important support areas can be observed.
- A support zone ranging from 17.93 to 18.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.70 to 19.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.54
Mansfield0.7
10 Day High18.99
10 Day Low17.58
20 Day High19.4
20 Day Low17.58
52 Week High19.4
52 Week Low12.05
Performance
1 Week2.23%
2 Weeks-1.27%
1 Month0.05%
3 Month7.86%
6 Month45.92%
12 Month26.42%
2 Year18.56%
3 Year61.09%
5 Year127.6%
10 YearN/A
15 YearN/A
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)-0.07
RSI(14)53.4
LBB18.04
UBB19.12
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 |
|---|---|---|---|
| 19.08 | 17.92 | 1.16 (6.08%) | 16.45% |
| An entry @19.08. This is a Buy Stop order right above the resistance zone. | An exit @17.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.16 points, which is 6.08%. | When investing 16.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TENARIS SA
BIT:TEN (2/5/2025, 12:26:18 PM)
18.5
-0.09 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.48%
1 Week2.23%
2 Weeks-1.27%
1 Month0.05%
3 Month7.86%
6 Month45.92%
12 Month26.42%
2 Year18.56%
3 Year61.09%
5 Year127.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.02%
ATR Inc6.7%
Range Today0.16
ADR(20)0.37
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.54
Mansfield0.7
10 Day High18.99
10 Day Low17.58
20 Day High19.4
20 Day Low17.58
52 Week High19.4
52 Week Low12.05
CS1 End18.45
CR1 Start18.7
Volume & EV
DER(3)-5%
DER(5)-1.58%
Volume164.57K
Volume Incr-6.54%
Vol(5)1.95M
Vol(50)2.66M