Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 23	C	Weak or Absent	Up	Down	Up	30.99%
Aug 22	C	Weak or Absent	Flat	Down	Flat	33.02%
Aug 21	C	Weak or Absent	Flat	Down	Flat	32.68%
Aug 18	C	Weak or Absent	Flat	Down	Flat	33.02%
Aug 17	C	Weak or Absent	Flat	Down	Flat	33.37%
Aug 16	C	Weak or Absent	Flat	Down	Flat	33.37%
Aug 15	C	Weak or Absent	Up	Down	Flat	32.68%
Aug 14	C	Weak or Absent	Up	Down	Up	30.99%
Aug 11	C	Weak or Absent	Up	Down	Flat	30.99%
Aug 10	D	Weak or Absent	Up	Down	Down	30.99%