Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	B	Weak or Absent	Up	Up	Down	20.65%
Jan 30	B	Strong	Up	Up	Flat	19.19%
Jan 29	B	Strong	Up	Up	Up	18.62%
Jan 26	A	Strong	Up	Up	Up	18.05%
Jan 25	B	Strong	Up	Up	Up	19.19%
Jan 24	A	Strong	Up	Up	Up	18.91%
Jan 23	A	Weak or Absent	Up	Up	Up	18.91%
Jan 22	A	Weak or Absent	Up	Up	Up	18.34%
Jan 19	B	Weak or Absent	Up	Up	Up	19.48%
Jan 18	B	Weak or Absent	Up	Up	Flat	20.95%