Tenaris S.A. (TEN) stocks — Weekly technical analysis | 3-7 Aug 2026
TEN
Tenaris S.A.
📅 Earnings · Nov 04, 2026 · in 88d
Weekly technical analysis of Tenaris S.A. (TEN) stocks: IQS 24/100. Structure, momentum and trading levels for swing trading updated 7 Aug 2026.
SCORE IQS Lite
24/100
Weekly Structure 7
Daily Momentum 0
Weekly Ichimoku 17
Daily CMF 0
Delta 0
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Tenaris S.A. (TEN · ISIN LU2598331598)
Weekly Structure
At 7/30 structure is weak: moving averages misaligned, bearish weekly trend.
Daily Momentum
At 0/35 momentum is absent: flat or negative daily impulse, no acceleration.
Weekly Ichimoku
At 17/19 Ichimoku is confirmed bullish: above the cloud with one of the two lines confirming.
Daily CMF
At 0/6 CMF shows outflows: capital leaving and selling pressure.
Delta
At 0/10 the week is sharply down: weekly performance below -2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
Tenaris consolidates within the neutral zone between 24.34 and 25.54, with daily momentum fading. Weekly Ichimoku remains above the bullish cloud, yet the yellow flag and negative weekly change warrant caution. Awaiting confirmation remains key before any position entry.
This week's view by AiTrading67.com
Tenaris is caught in a very tight cyclical compression phase with IQS at 24. Daily and weekly MACD both remain in Strong bearish condition. CMF displays marked outflows. Bearish short-term rating; awaiting directional confirmation and breakout before any operational entry is considered.
Chart · 12-month trend
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
D — Deterioration
Negative histogram expanding
Weekly EMA50
Approaching
Price approaching the weekly MA
Weekly EMA Stack
Partial stack
MAs not aligned
Above CloudT+K-
Daily Momentum
Daily ADX / DMI
Weak
−DI dominates +DI
Daily RSI
Neutral-bearish
Capital Flow (CMF)
Heavy outflow
Daily MACD · Status
D — Deterioration
Daily Stochastic
Oversold
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum remains weak: ADX is low and -DI is above +DI. RSI sits in the mildly negative zone. CMF shows marked outflows. MACD is in Strong bearish. Stochastic is oversold and the Golden Cross on moving averages is mature, signaling room for technical rebound, although downward pressure remains dominant.
Weekly market overview
Italian stocks Market Pulse →
The weekly structure shows RSI in neutral zone, MACD in Strong bearish, and EMA50 Approaching price. Moving averages are not all aligned: partial stack. Ichimoku remains above the bullish cloud, maintaining an underlying bullish bias.