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 2	D	Weak or Absent	Down	Up	Flat	19.90%
Dec 29	D	Weak or Absent	Down	Up	Down	22.00%
Dec 28	F	Weak or Absent	Down	Up	Flat	20.26%
Dec 27	D	Weak or Absent	Down	Up	Up	16.93%
Dec 26	D	Weak or Absent	Down	Up	Up	13.89%
Dec 22	D	Weak or Absent	Down	Up	Up	17.98%
Dec 21	D	Weak or Absent	Down	Up	Up	19.17%
Dec 20	F	Weak or Absent	Down	Up	Up	22.25%
Dec 19	F	Weak or Absent	Down	Up	Up	19.90%
Dec 18	F	Weak or Absent	Down	Flat	Up	23.02%