Tenaris SA (TENm)
CBOE (Milan) • Energy
January 21, 2026 at 16:30 UTC
Tenaris SA manufactures steel pipe and provides related services for energy producers, industrial plants, and infrastructure projects. The business connects melt shops, rolling mills, finishing lines, and service centers to a single plan, which lets orders move from grade selection to delivery without ad-hoc handoffs. Product roadmaps emphasize repeatable behavior in harsh environments, and qualification packages are issued in templates that operators and EPCs recognize. Logistics and threading services are scheduled to match rig and plant calendars, and digital tools keep test records and traceability available at the joint level. Operations span multiple regions with unified safety and quality rules. Within the materials and industrials ecosystem, the company positions its role as supplying components and field support that fit real production windows rather than headline launches.
TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.
Tenaris SA's Technical Indicators Summary
TENm is currently trading right at its classic pivot point near 17.92, with the price comfortably above all key moving averages from the short to the 200-day, indicating an overall upward bias. Momentum indicators like MACD and RSI suggest moderate strength, while the ADX near 22 points to a relatively weak trend. Although volume, reflected by the OBV, shows some buying interest, the volatility remains subdued with ATR steady around 2%. Meanwhile, overbought signals from the Stochastic and Williams %R caution against strong upward moves. Together, these mixed signals support a neutral technical stance, highlighting a market in balance without clear directional conviction.
| Indicator | Value |
|---|---|
RSI (14) | 61.24 |
Stochastic %K (14, 3, 3) | 88.00 |
CCI (20) | 93.50 |
WPR (14) | -14.09 |
Momentum (10) | 0.47 |
MFI | 73.30 |
MACD Level (12, 26) | 0.28 |
Bollinger Bands | $15.76 - $18.50 |
ATR (14) | $0.35 (1.96%) |
ADX (14) | 21.79 |
OBV | -18,420,640 |
VWAP | $17.85 |
Classic Pivot Point | $17.92 |
Fibonacci Pivot Point | $17.92 |
Simple Moving Averages | $15.87 - $17.65(5 indicators) |
Exponential Moving Averages | $16.59 - $17.70(5 indicators) |
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Buying out of the gate leaves TEN.MI 2.405% above yesterday’s close, trading at 18.52. No strong read from the sector, which sits near flat at -0.19%. TEN.MI rises early, likely driven by broader market stability amid flat sector performance and no recent company news.
Price Change
from €18.09 close
+€0.44
Trading Volume
Below avg (2.6M)
1.1M
vs S&P 500 Today
Outperforming Market
+2.50%
52-Week Position
Upper range
84.1%
Updated: January 21, 2026 at 12:36 UTC