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 27	F	Weak or Absent	Down	Down	Down	1.36%
Jul 26	F	Weak or Absent	Down	Down	Down	0.34%
Jul 25	F	Weak or Absent	Down	Down	Down	-0.98%
Jul 24	F	Weak or Absent	Down	Down	Down	-4.76%
Jul 21	D	Weak or Absent	Down	Flat	Up	-9.23%
Jul 20	F	Weak or Absent	Down	Down	Flat	-8.33%
Jul 19	D	Weak or Absent	Down	Flat	Up	-9.44%
Jul 18	F	Weak or Absent	Down	Down	Flat	-8.40%
Jul 17	F	Weak or Absent	Down	Down	Down	-7.27%
Jul 14	F	Weak or Absent	Down	Down	Down	-6.10%