Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 14	A	Strong	Up	Up	Flat	17.21%
Mar 13	A	Strong	Up	Up	Up	16.66%
Mar 12	A	Strong	Up	Up	Up	16.66%
Mar 11	A	Strong	Up	Up	Up	16.66%
Mar 8	A	Strong	Up	Up	Up	17.49%
Mar 7	B	Strong	Up	Up	Up	18.05%
Mar 6	A	Strong	Up	Up	Up	17.77%
Mar 5	A	Weak or Absent	Up	Up	Up	18.62%
Mar 4	B	Weak or Absent	Up	Up	Up	19.19%
Mar 1	B	Weak or Absent	Up	Up	Up	18.91%