Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 2	B	Weak or Absent	Up	Up	Flat	24.61%
Dec 29	F	Weak or Absent	Flat	Flat	Down	26.53%
Dec 28	D	Weak or Absent	Flat	Flat	Down	26.21%
Dec 27	D	Weak or Absent	Up	Up	Down	25.24%
Dec 26	D	Weak or Absent	Up	Up	Flat	24.30%
Dec 22	D	Weak or Absent	Up	Up	Down	24.93%
Dec 21	D	Weak or Absent	Up	Up	Down	24.61%
Dec 20	C	Strong	Up	Up	Down	23.99%
Dec 19	B	Strong	Up	Up	Up	19.48%
Dec 18	F	Strong	Flat	Flat	Down	26.85%