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 19	F	Weak or Absent	Down	Down	Down	-21.58%
Jan 18	F	Weak or Absent	Down	Down	Down	-21.98%
Jan 17	F	Weak or Absent	Down	Down	Flat	-23.54%
Jan 13	F	Weak or Absent	Down	Down	Down	-21.63%
Jan 12	F	Weak or Absent	Down	Down	Down	-21.28%
Jan 11	F	Weak or Absent	Down	Down	Flat	-23.11%
Jan 10	D	Weak or Absent	Down	Flat	Up	-23.78%
Jan 9	C	Weak or Absent	Down	Up	Up	-25.49%
Jan 6	D	Weak or Absent	Down	Down	Down	-22.52%
Jan 5	D	Weak or Absent	Down	Down	Down	-22.65%