Trend Table for SPNS - Sapiens International Corporation N.V.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 3	B	Weak or Absent	Up	Up	Up	0.00%
Jul 2	B	Weak or Absent	Up	Up	Up	0.58%
Jul 1	B	Weak or Absent	Up	Up	Up	1.23%
Jun 28	B	Weak or Absent	Up	Up	Up	1.89%
Jun 27	B	Weak or Absent	Up	Up	Up	1.68%
Jun 26	B	Weak or Absent	Up	Up	Down	4.13%
Jun 25	B	Weak or Absent	Up	Up	Down	3.57%
Jun 24	C	Weak or Absent	Up	Up	Down	4.47%
Jun 21	B	Weak or Absent	Up	Up	Up	2.43%
Jun 20	B	Weak or Absent	Up	Up	Down	4.22%