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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	C	Weak or Absent	Up	Up	Down	-15.45%
May 31	C	Weak or Absent	Up	Up	Down	-16.61%
May 30	B	Weak or Absent	Up	Up	Down	-16.86%
May 29	B	Weak or Absent	Up	Up	Down	-16.98%
May 28	B	Weak or Absent	Up	Up	Down	-17.74%
May 24	C	Weak or Absent	Up	Up	Down	-18.03%
May 23	B	Weak or Absent	Up	Up	Down	-17.88%
May 22	C	Weak or Absent	Up	Up	Flat	-18.34%
May 21	B	Weak or Absent	Up	Up	Up	-18.98%
May 20	B	Weak or Absent	Up	Up	Up	-19.28%