Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 28	A	Strong	Up	Up	Up	11.90%
Mar 27	A	Strong	Up	Up	Up	11.90%
Mar 26	A	Strong	Up	Up	Up	12.92%
Mar 25	A	Strong	Up	Up	Up	14.49%
Mar 22	A	Strong	Up	Up	Up	15.03%
Mar 21	B	Strong	Up	Up	Up	15.57%
Mar 20	A	Strong	Up	Up	Up	15.29%
Mar 19	A	Strong	Up	Up	Flat	16.93%
Mar 18	A	Strong	Up	Up	Flat	16.66%
Mar 15	A	Strong	Up	Up	Up	16.38%