Trend Table for TEF - Telefonica SA

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 10	B	Weak or Absent	Up	Up	Down	7.27%
Jun 7	B	Weak or Absent	Up	Up	Up	5.89%
Jun 6	A	Weak or Absent	Up	Up	Up	4.33%
Jun 5	A	Weak or Absent	Up	Up	Up	4.11%
Jun 4	A	Weak or Absent	Up	Up	Up	3.23%
Jun 3	A	Weak or Absent	Up	Up	Up	4.77%
May 31	A	Weak or Absent	Up	Up	Up	6.81%
May 30	A	Weak or Absent	Up	Up	Up	7.74%
May 29	B	Weak or Absent	Up	Up	Flat	10.39%
May 28	A	Weak or Absent	Up	Up	Up	9.41%