Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	C	Weak or Absent	Up	Up	Up	1.76%
Aug 28	C	Weak or Absent	Up	Up	Up	2.04%
Aug 27	C	Weak or Absent	Up	Up	Up	2.42%
Aug 26	C	Weak or Absent	Up	Up	Up	2.52%
Aug 23	D	Weak or Absent	Up	Up	Up	2.52%
Aug 22	C	Weak or Absent	Up	Flat	Up	4.17%
Aug 21	C	Weak or Absent	Up	Up	Up	3.10%
Aug 20	C	Strong	Up	Up	Up	1.67%
Aug 19	C	Strong	Up	Flat	Up	4.27%
Aug 16	D	Strong	Flat	Down	Up	5.57%