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(TS) Tenaris S complete technical analysis [charts+indicators] | Buy/Sell Tenaris S | (TS) share price targets

Complete technical analysis of Tenaris S (TS) by charts plus indicators, forecast predictions and share price targets for Tenaris S (TS)

Tenaris S trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Tenaris S is 1467480

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	33.51	33.85	33.87	32.99	2.196 times
05 Fri Jan 2024	33.95	33.93	34.20	33.78	0.816 times
04 Thu Jan 2024	33.77	34.44	34.54	33.77	1.571 times
03 Wed Jan 2024	34.62	34.19	34.74	34.04	1.334 times
02 Tue Jan 2024	34.52	34.70	35.00	34.41	1.085 times
29 Fri Dec 2023	34.76	35.15	35.16	34.67	0.802 times
29 Fri Dec 2023	34.76	35.15	35.16	34.67	0.802 times
28 Thu Dec 2023	34.99	35.60	35.62	34.98	1.011 times
27 Wed Dec 2023	35.62	35.84	35.89	35.49	0.948 times
26 Tue Dec 2023	35.52	35.63	35.90	35.47	0.82 times

Stock of Tenaris S (TS) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.7, but if it comes above 33.7, then a intra day buy could be more profitable.
If you take a sell trade below 33.7, then use 33.7 as stoploss and 32.9 as target. However if you take a buy trade in stock , then use 33.7 as stoploss and 34.46 as target.

Share price targets for Tenaris S (TS)

Target Type	Value
Downside Target	29.56
Downside Target	30.77
Downside Target	31.50
Downside Target	32.69
Upside Target	33.75
Upside Target	35.00
Upside Target	35.16
Upside Target	35.57
Upside Target	35.90
Upside Target	35.99

Intraday share price targets for Tenaris S (TS)

Target Type	Value
Downside Intraday Target	33.04
Downside Intraday Target	32.58
Upside Intraday Target	33.92
Upside Intraday Target	34.34
Downside Intraday Target	33.46

Weekly technical analysis of Tenaris S (TS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	33.51	33.85	33.87	32.99	0.457 times
05 Fri Jan 2024	33.95	34.70	35.00	33.77	5.99 times
29 Fri Dec 2023	34.76	35.15	35.16	34.67	0.224 times
29 Fri Dec 2023	34.76	35.63	35.90	34.67	0.635 times
22 Fri Dec 2023	35.25	34.79	35.57	34.43	0.675 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tenaris S (TS)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	33.51	34.70	35.00	32.99	0.261 times
29 Fri Dec 2023	34.76	34.25	35.90	32.69	0.832 times
30 Thu Nov 2023	34.67	31.60	35.99	31.50	0.934 times
31 Tue Oct 2023	31.32	31.18	33.75	29.56	1.372 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tenaris S (TS)

Price action analysis of Tenaris S ( (TS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tenaris S ( (TS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Tenaris S ( (TS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tenaris S stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Tenaris S in short term but the sell signal is initial and weak.

Tenaris S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Tenaris S in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tenaris S is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.43 and Tenaris S (TS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tenaris S (TS) stock. Volume based technical analysis of Tenaris S (TS) stock is negative.

Tenaris S Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.