Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 20	D	Weak or Absent	Down	Down	Down	58.07%
Dec 19	D	Weak or Absent	Down	Down	Down	58.07%
Dec 16	D	Weak or Absent	Down	Down	Down	58.07%
Dec 15	D	Weak or Absent	Down	Down	Down	56.69%
Dec 14	D	Weak or Absent	Down	Down	Down	55.79%
Dec 13	D	Weak or Absent	Down	Down	Down	56.69%
Dec 12	C	Weak or Absent	Down	Up	Down	50.56%
Dec 9	C	Weak or Absent	Down	Up	Down	50.99%
Dec 8	C	Weak or Absent	Down	Up	Down	51.41%
Dec 7	C	Weak or Absent	Down	Up	Down	48.08%