Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	C	Weak or Absent	Down	Up	Up	13.45%
Jan 16	D	Weak or Absent	Down	Up	Up	15.56%
Jan 12	D	Weak or Absent	Down	Up	Down	22.89%
Jan 11	D	Weak or Absent	Down	Up	Flat	21.13%
Jan 10	D	Weak or Absent	Down	Flat	Down	24.70%
Jan 9	D	Weak or Absent	Down	Up	Down	23.66%
Jan 8	D	Weak or Absent	Down	Up	Down	22.25%
Jan 5	D	Weak or Absent	Down	Up	Down	20.26%
Jan 4	D	Weak or Absent	Down	Up	Flat	19.41%
Jan 3	D	Weak or Absent	Down	Up	Down	22.25%