Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 29	B	Weak or Absent	Up	Up	Up	20.65%
Feb 28	B	Weak or Absent	Up	Up	Up	19.19%
Feb 27	B	Weak or Absent	Up	Up	Up	19.19%
Feb 26	C	Weak or Absent	Up	Up	Up	20.65%
Feb 23	C	Weak or Absent	Up	Up	Up	20.95%
Feb 22	C	Weak or Absent	Up	Up	Up	21.54%
Feb 21	C	Weak or Absent	Up	Down	Up	23.68%
Feb 20	D	Weak or Absent	Up	Down	Up	24.61%
Feb 16	F	Strong	Down	Down	Down	27.84%
Feb 15	D	Strong	Flat	Down	Up	25.56%