Tenaris S.A. technical analysis
Technical analysis of Tenaris S.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Tenaris S.A.
Tenaris S.A. manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications, operating globally. Its product range includes casings and tubing for oil and gas wells, pipelines for crude oil and natural gas transportation, mechanical and structural pipes, as well as coating services and components for automotive and industrial applications.
Description generated automatically from public sources; it may be inaccurate or out of date.
Tenaris S.A.: latest session data
Closing values for October 21, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
25.32 €
+2.44%
50 sessions
24.43 €
+6.17%
200 sessions
23.85 €
+8.74%
Session levels
s2
25.30
Support
s1
25.56
Support
pivot
25.88
Pivot
r1
26.14
Resistance
r2
26.46
Resistance
How to read it
In the October 21, 2026 session Tenaris S.A. closed higher at 25.94 €, +0.50% versus the previous session.
The price sits above every moving average observed: +2.44% against the 21-session average, +6.17% against the 50 and +8.74% against the 200.
The 14-period RSI reads 57.8, in neutral territory.
MACD stands at 0.439 against a signal line at 0.418: the histogram is positive (+0.021).
ADX reads 22.7, indicating weak directionality.
Levels computed on the latest session place supports at 25.56 and 25.30 € and resistances at 26.14 and 26.46 €, around a pivot of 25.88.
The average daily range (ATR) is 0.629 €, or 2.43% of price.
Turnover was 35.8K shares, 3% of the 20-session average.
Over the last twelve months the price ranged between 22.28 and 27.82 €, and today stands −6.76% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Tenaris S.A.
How is Tenaris S.A. analysed technically?
Technical analysis of Tenaris S.A. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Tenaris S.A.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Tenaris S.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Tenaris S.A. it helps frame the technical structure of the historical chart and is not a forecast.
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