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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	B	Weak or Absent	Up	Flat	Flat	-8.82%
May 2	B	Weak or Absent	Up	Down	Down	-7.38%
May 1	B	Weak or Absent	Up	Flat	Flat	-8.22%
Apr 30	A	Weak or Absent	Up	Flat	Flat	-8.64%
Apr 29	A	Weak or Absent	Up	Up	Up	-10.67%
Apr 26	A	Weak or Absent	Up	Up	Up	-10.10%
Apr 25	A	Weak or Absent	Up	Up	Up	-9.58%
Apr 24	A	Weak or Absent	Up	Up	Up	-9.58%
Apr 23	A	Weak or Absent	Up	Up	Flat	-8.31%
Apr 22	A	Weak or Absent	Up	Flat	Down	-7.62%