Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	C	Weak or Absent	Up	Up	Up	-7.98%
Sep 25	C	Weak or Absent	Up	Up	Up	-6.88%
Sep 24	C	Weak or Absent	Up	Up	Up	-5.92%
Sep 23	C	Weak or Absent	Up	Up	Flat	-2.75%
Sep 20	C	Weak or Absent	Up	Up	Up	-3.78%
Sep 19	C	Weak or Absent	Up	Up	Up	-5.03%
Sep 18	C	Weak or Absent	Up	Up	Up	-3.27%
Sep 17	C	Weak or Absent	Up	Up	Up	-2.92%
Sep 16	C	Weak or Absent	Up	Up	Up	-6.08%
Sep 13	C	Weak or Absent	Up	Up	Up	-4.70%