Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 7	B	Weak or Absent	Up	Down	Down	8.94%
Aug 6	B	Weak or Absent	Up	Flat	Down	8.45%
Aug 5	A	Weak or Absent	Up	Up	Down	7.47%
Aug 2	B	Weak or Absent	Up	Up	Flat	5.79%
Aug 1	B	Weak or Absent	Up	Up	Flat	5.56%
Jul 31	B	Weak or Absent	Up	Up	Up	4.63%
Jul 30	A	Weak or Absent	Up	Up	Up	4.17%
Jul 29	B	Weak or Absent	Up	Up	Up	5.32%
Jul 26	A	Weak or Absent	Up	Up	Up	4.86%
Jul 25	A	Weak or Absent	Up	Up	Up	5.09%