Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	F	Weak or Absent	Down	Flat	Up	22.38%
Dec 14	F	Weak or Absent	Down	Down	Up	23.40%
Dec 13	F	Weak or Absent	Down	Down	Down	27.53%
Dec 12	F	Weak or Absent	Down	Down	Down	26.57%
Dec 11	F	Weak or Absent	Down	Down	Down	26.17%
Dec 8	F	Weak or Absent	Down	Down	Up	21.88%
Dec 7	F	Weak or Absent	Down	Down	Up	22.89%
Dec 6	F	Weak or Absent	Down	Down	Up	24.18%
Dec 5	F	Weak or Absent	Down	Down	Up	25.90%
Dec 4	F	Weak or Absent	Down	Down	Up	25.90%