Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	C	Weak or Absent	Up	Down	Down	26.90%
May 12	C	Weak or Absent	Up	Down	Down	29.03%
May 11	C	Weak or Absent	Up	Down	Down	29.03%
May 10	B	Weak or Absent	Up	Up	Down	21.99%
May 9	B	Weak or Absent	Up	Up	Down	23.11%
May 8	B	Weak or Absent	Up	Up	Down	22.55%
May 5	B	Weak or Absent	Up	Up	Down	22.27%
May 4	B	Strong	Up	Up	Down	22.55%
May 3	A	Strong	Up	Up	Flat	20.62%
May 2	B	Strong	Up	Up	Down	21.72%