Tenaris S.A. (TEN) stocks — Weekly technical analysis | 26-30 Oct 2026
TEN
Tenaris S.A.
📅 Earnings · Nov 05, 2026 · in 4d
Weekly technical analysis of Tenaris S.A. (TEN) stocks: IQS 93/100. Structure, momentum and trading levels for swing trading updated 30 Oct 2026.
SCORE IQS Lite
93/100
Weekly Structure 25
Daily Momentum 33
Weekly Ichimoku 19
Daily CMF 6
Delta 10
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Tenaris S.A. (TEN · ISIN LU2598331598)
Weekly Structure
At 25/30 structure is very strong: full bullish alignment on the weekly.
Daily Momentum
At 33/35 momentum is strong: marked directional acceleration.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 6/6 CMF shows inflows: capital entering and buying pressure.
Delta
At 10/10 the week is sharply up: weekly performance above +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
The weekly structure remains interesting with moving averages in full bullish alignment, but daily momentum shows strong bearish weakness and price is in consolidation. Awaiting confirmation is the priority to validate the next move.
This week's view by AiTrading67.com
The IQS signals a mature phase with an extended cycle, yet weekly structure remains favourable and suggests awaiting confirmation in the near term. Daily momentum persists despite stochastic overbought conditions. Price compressed in the neutral zone calls for caution until a convincing breakout above resistance.
Chart Tenaris S.A. (TEN) · 12-month trend
Source: TradingView
Over the past week the stock gained 3.5%; over twelve months it is up 54.3%.
Weekly Structure
Weekly RSI
Neutral / bullish bias
Weekly MACD · Status
A — Improvement
Positive histogram expanding
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bullish stack
5/5 MAs bullish-aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Weak
+DI dominates −DI
Daily RSI
Neutral / bullish bias
Capital Flow (CMF)
Inflow
Daily MACD · Status
A — Improvement
Daily Stochastic
Overbought
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum converges on bullish signals despite the mature cycle. ADX remains weak with +DI above -DI, RSI is in mildly positive zone, and CMF signals inflows. MACD maintains Strong bullish while the overbought stochastic and mature Golden Cross complete the picture.
Weekly market overview
Italian stocks Market Pulse →Platinum edition
See the Platinum analysis of TEN →
The weekly structure displays full bullish alignment with all five moving averages in correct sequence. EMA50 remains free and MACD marks Strong bullish, while Ichimoku sits above the bullish cloud. RSI operates in a neutral zone with bullish bias, confirming the solidity of the technical picture.