Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 17	B	Weak or Absent	Down	Flat	Down	37.15%
Mar 16	C	Weak or Absent	Down	Flat	Down	37.15%
Mar 15	B	Weak or Absent	Down	Flat	Down	36.46%
Mar 14	A	Weak or Absent	Up	Up	Down	32.44%
Mar 13	A	Weak or Absent	Up	Up	Down	33.09%
Mar 10	A	Weak or Absent	Up	Up	Flat	30.83%
Mar 9	A	Weak or Absent	Up	Up	Flat	30.83%
Mar 8	A	Weak or Absent	Up	Up	Flat	30.51%
Mar 7	B	Weak or Absent	Up	Up	Flat	31.15%
Mar 6	B	Weak or Absent	Up	Up	Up	28.34%