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 19	B	Weak or Absent	Down	Up	Down	-24.01%
Dec 16	C	Weak or Absent	Down	Flat	Down	-23.25%
Dec 15	C	Weak or Absent	Down	Up	Down	-23.54%
Dec 14	C	Weak or Absent	Down	Up	Down	-25.45%
Dec 13	C	Weak or Absent	Down	Up	Down	-26.92%
Dec 12	C	Weak or Absent	Down	Up	Down	-25.18%
Dec 9	C	Weak or Absent	Down	Up	Down	-24.90%
Dec 8	C	Weak or Absent	Down	Up	Down	-25.06%
Dec 7	C	Weak or Absent	Down	Up	Down	-25.49%
Dec 6	C	Strong	Down	Up	Down	-27.31%