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
Apr 12	B	Strong	Up	Up	Down	19.68%
Apr 11	C	Strong	Up	Up	Flat	16.01%
Apr 10	C	Strong	Up	Up	Down	18.33%
Apr 9	C	Strong	Up	Up	Down	16.79%
Apr 8	B	Strong	Up	Up	Up	13.54%
Apr 5	B	Strong	Up	Up	Up	12.70%
Apr 4	B	Weak or Absent	Up	Up	Down	17.80%
Apr 3	A	Weak or Absent	Up	Up	Up	15.43%
Apr 2	A	Weak or Absent	Up	Up	Up	15.75%
Apr 1	B	Weak or Absent	Up	Up	Up	16.41%