Tenaris S.A. (TEN) stocks — Weekly technical analysis | 7-11 Sep 2026
TEN
Tenaris S.A.
📅 Earnings · Nov 04, 2026 · in 53d
Weekly technical analysis of Tenaris S.A. (TEN) stocks: IQS 67/100. Structure, momentum and trading levels for swing trading updated 11 Sep 2026.
SCORE IQS Lite
67/100
Weekly Structure 12
Daily Momentum 30
Weekly Ichimoku 15
Daily CMF 0
Delta 10
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Tenaris S.A. (TEN · ISIN LU2598331598)
Weekly Structure
At 12/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 30/35 momentum is strong: marked directional acceleration.
Weekly Ichimoku
At 15/19 Ichimoku is bullish: price above the cloud, lines not yet confirming.
Daily CMF
At 0/6 CMF shows outflows: capital leaving and selling 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
At stretched phase (IQS 67), the ticker exhibits weak weekly structure despite robust daily momentum. Awaiting confirmation at breakout remains the priority given the compression environment. The view is interesting on long activation, yet the profile stays cautious until structural clarity materializes.
This week's view by AiTrading67.com
The expansion phase is active yet already stretched (IQS 67): daily momentum stays positive while weekly structure displays signs of fading. Compression remains weak, with breakout confirmation crucial before committing. Setup promising, though awaiting decisive action above resistance levels.
Chart Tenaris S.A. (TEN) · 12-month trend
Over the past week the stock gained 2.0%; over twelve months it is up 65.5%.
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
C — Early deterioration
Negative histogram contracting
Weekly EMA50
Free
Price well separated from 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 / bullish bias
Capital Flow (CMF)
Heavy outflow
Daily MACD · Status
A — Improvement
Daily Stochastic
Overbought
Weekly EMA Cross
Mature Golden Cross
In summary
ADX shows weak trend but with +DI above -DI, confirming a bullish bias in the short term though lacking structural strength. Daily MACD is in strong bullish mode and the Golden Cross is mature, supporting the current positive momentum. RSI is in the neutral zone leaning bullish, and the stochastic is overbought, suggesting momentum already expressed. However, CMF displays heavy outflows: a potential warning sign of fading bullish conviction.
Weekly market overview
Italian stocks Market Pulse →Platinum edition
See the Platinum analysis of TEN →
Weekly structure shows RSI in neutral zone and MACD already fading bearish, signaling diminishing upside momentum. The EMA50 remains free and Ichimoku stays above the cloud, preserving a constructive posture in the medium term. However, the MA stack is partial: not all moving averages are aligned upward, hinting at structural compression awaiting directional confirmation.