Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 7	A	Weak or Absent	Up	Up	Up	25.58%
Sep 6	B	Weak or Absent	Up	Flat	Down	27.77%
Sep 5	A	Weak or Absent	Up	Up	Up	22.57%
Sep 1	A	Weak or Absent	Up	Up	Up	24.96%
Aug 31	B	Weak or Absent	Up	Up	Up	25.27%
Aug 30	B	Weak or Absent	Up	Up	Up	24.36%
Aug 29	B	Weak or Absent	Up	Up	Up	24.96%
Aug 28	B	Weak or Absent	Up	Up	Up	27.77%
Aug 25	B	Weak or Absent	Up	Down	Up	30.37%
Aug 24	B	Weak or Absent	Up	Down	Up	30.37%