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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 17	B	Weak or Absent	Up	Up	Up	-17.08%
Jun 14	B	Weak or Absent	Up	Up	Down	-15.73%
Jun 13	B	Weak or Absent	Up	Up	Up	-17.69%
Jun 12	B	Weak or Absent	Up	Up	Up	-17.67%
Jun 11	B	Weak or Absent	Up	Up	Up	-17.83%
Jun 10	B	Weak or Absent	Up	Up	Flat	-15.91%
Jun 7	B	Weak or Absent	Up	Up	Down	-14.91%
Jun 6	C	Weak or Absent	Up	Up	Down	-15.68%
Jun 5	C	Weak or Absent	Up	Up	Down	-16.36%
Jun 4	B	Weak or Absent	Up	Up	Down	-15.01%