TS NYSE Week ended 31 Jul 2026

Weekly Investor Report

Tenaris SA ADR · Energy · Oil & Gas Equipment & Services

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Latest close 57.33 USD
-0.6% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 4.9% above the Trend Line and sits at 77.3% of its 52-week range. The latest completed week returned -0.6%, after a 5.9% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is inexpensive relative to peers. Options positioning is bullish with 42/100 conviction, while the latest news-sentiment score is 56/100. Near-term considerations: volume confirmation is below normal; earnings are due in 3d.

Setup score 63 out of 100
Latest Close 57.33 USD 31 Jul 2026
1W Return -0.6% latest completed week
4W Return 5.9% short-term follow-through
12W Return -2.3% quarterly tape
Trend Breadth 82.7% 43 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
What is working
  • The trend backdrop is active with a 40-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Next-week expectancy is positive at 55.94% based on similar historical setup states.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • 12 reversal markers appear in the recent smart-money tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -0.6% Latest completed week; four-week move 5.9%. Indicator stack 90/28 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Positive 55.94% Historical one-week expectancy contributes to the evidence score when direction is confirmed. Options pressure Bullish 42/100 conviction; expected move 7.2%. News sentiment 56/100 44 relevant articles in the latest sentiment read. Event risk 3d Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 4.9% above the Trend Line and sits at 77.3% of its 52-week range. The latest completed week returned -0.6%, after a 5.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.8x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.7012-week average 0.91

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.70Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1212 reversal markers

No recent accumulation markers. 12 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 5.9% over four weeks, -2.3% over 12 weeks, and 71.1% over one year. The current trend has remained active for 40 consecutive weeks.

Performance by holding period

1W-0.6%
4W5.9%
12W-2.3%
26W32.0%
52W71.1%
Active trend streak40 weeks
Active weeks in one year43
Trend breadth82.7%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-1.12Latest activity-pressure read.
Pressure change-24.1%Four-week change in activity pressure.
Leadership13.14Latest relative-leadership reading.
RS change38.8%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 100% Model confidence 96%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength94/100Blend of value, momentum, and quality. Underlying universe rank 7; rank 1 is best.
Value81/100Relative valuation strength. Underlying universe rank 20; rank 1 is best.
Quality71/100Profitability and accounting quality. Underlying universe rank 30; rank 1 is best.
Momentum88/100Medium-term price momentum. Underlying universe rank 13; rank 1 is best.
Growth24/100Revenue and earnings growth. Underlying universe rank 77; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework76/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
14.8x
Price divided by trailing earnings.
Price / sales
2.4x
Market value relative to trailing revenue.
EV / EBITDA
9.3x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
10.5%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
34.3%
Gross profit retained from each unit of revenue.
Operating margin
21.3%
Operating profit retained from revenue.
Free-cash-flow margin
24.8%
Free cash flow generated from revenue.
Return on invested capital
12.5%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
1.3%
Latest one-year revenue growth.
EPS growth
8.9%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-14.0%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
2.1%
Cash dividends relative to market value.
Buyback yield
4.2%
Net share repurchases relative to market value.
Shareholder yield
6.3%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-0.2x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

TS shows bullish options pressure with a 42/100 conviction score, put-call volume ratio of 0.20, expected move of 7.2%, and Sharemaestro trend signal active.

Conviction42/100
Expected move7.2%
Put/call volume0.20
Pressure71
Speculation0
Volatility55
Trend agreement26
Open options detail
Insider activity-

No recent insider transactions are stored for this company.

News sentiment56/100

Weighted news tone is neutral across 44 relevant articles.

12 positive · 31 neutral · 1 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings3dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
Options expected move7.2%Nearest-chain priced movement where available.
52-week drawdown-11.2%Distance below the 52-week high.
13-week volatility3.6%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher17 of 269 weeks finished lower.
Best week+8.0%Week of 24 Apr.
Worst week-9.1%Week of 19 Jun.
Latest week-0.6%Week of 31 Jul.

Shape of recent returns

Strong gains6
Modest gains11
Flat weeks0
Modest losses7
Sharp losses2
Recent vol3.6%13-week weekly-return volatility.
Base vol3.8%52-week weekly-return volatility.
Up/down split34/18Count of positive and negative weeks in the 52-week window.
Average skew3.3% / -2.9%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape65/100

Trend, activity pressure, participation, and risk combine to a 65/100 tape read.

 Indicator analysis66/100

Latest 12-week confirmation: trend 12/12, activity pressure 5/12, relative leadership 12/12.

Activity pressure 0.70; 12 reversal markers Next-Week ExpectancyPositive 55.94%

Next-week expectancy is positive with a 55.94% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors83/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 14 SVQF76/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 243.5 of 1013 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options50/100

TS shows bullish options pressure with a 42/100 conviction score, put-call volume ratio of 0.20, expected move of 7.2%, and Sharemaestro trend signal active.

Bullish · Call-side pressure · Expected move 7.2% Sentiment56/100

Weighted news tone is neutral across 44 relevant articles.

Dimensional Fund Advisors LP Sells 113,821 Shares of Tenaris S.A. $TS Insiders50/100

No recent insider transaction evidence is stored.

 Earnings3d

Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 202657.33 USD-0.6%54.65 USD37.02 USD-1.1213.145.0MOn
24 Jul 202657.67 USD0.9%54.02 USD36.84 USD-1.1715.795.2MOn
17 Jul 202657.16 USD2.9%53.35 USD36.66 USD-1.2314.744.7MOn
10 Jul 202655.57 USD2.7%52.68 USD36.49 USD-1.1910.455.6MOn
3 Jul 202654.13 USD-3.4%52.15 USD36.32 USD-0.909.474.2MOn
26 Jun 202656.03 USD-2.1%51.68 USD36.15 USD-0.6216.195.0MOn
19 Jun 202657.22 USD-9.1%51.13 USD35.96 USD-0.3316.465.5MOn
12 Jun 202662.92 USD2.4%50.51 USD35.76 USD0.1229.885.9MOn
5 Jun 202661.44 USD0.8%49.72 USD35.52 USD0.2928.536.3MOn
29 May 202660.93 USD-1.1%48.98 USD35.28 USD0.6325.277.0MOn
22 May 202661.61 USD1.7%48.23 USD35.05 USD0.9329.4710.6MOn
15 May 202660.58 USD3.3%47.33 USD34.80 USD1.0929.497.0MOn
8 May 202658.65 USD-6.1%46.42 USD34.57 USD1.3526.6813.2MOn
1 May 202662.47 USD0.6%45.55 USD34.34 USD1.4939.015.5MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.