Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	B	Weak or Absent	Up	Up	Up	-2.31%
Jul 17	C	Weak or Absent	Up	Up	Up	-1.43%
Jul 16	D	Weak or Absent	Up	Up	Up	-1.08%
Jul 15	D	Weak or Absent	Up	Up	Up	1.67%
Jul 12	D	Weak or Absent	Up	Up	Up	-0.27%
Jul 11	C	Weak or Absent	Up	Up	Up	0.83%
Jul 10	D	Weak or Absent	Up	Down	Up	4.47%
Jul 9	C	Strong	Up	Down	Up	3.48%
Jul 8	C	Strong	Up	Flat	Up	1.76%
Jul 5	C	Strong	Flat	Down	Up	5.47%