Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 2	C	Weak or Absent	Down	Down	Up	32.73%
Nov 1	C	Weak or Absent	Down	Down	Down	36.26%
Oct 31	C	Weak or Absent	Down	Down	Down	33.77%
Oct 30	C	Weak or Absent	Down	Down	Down	34.83%
Oct 27	C	Weak or Absent	Down	Down	Down	36.62%
Oct 26	C	Weak or Absent	Down	Down	Down	37.36%
Oct 25	C	Weak or Absent	Down	Down	Down	36.62%
Oct 24	C	Weak or Absent	Down	Down	Down	33.42%
Oct 23	C	Weak or Absent	Down	Down	Down	31.37%
Oct 20	C	Weak or Absent	Down	Down	Down	30.04%