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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 5	B	Strong	Up	Up	Up	-13.85%
Apr 4	B	Weak or Absent	Up	Up	Down	-9.96%
Apr 3	A	Weak or Absent	Up	Up	Up	-11.77%
Apr 2	A	Weak or Absent	Up	Up	Up	-11.52%
Apr 1	B	Weak or Absent	Up	Up	Up	-11.02%
Mar 28	B	Weak or Absent	Up	Up	Up	-11.88%
Mar 27	B	Weak or Absent	Up	Up	Up	-9.91%
Mar 26	C	Strong	Up	Up	Flat	-7.86%
Mar 25	A	Strong	Up	Up	Up	-10.26%
Mar 22	B	Strong	Up	Up	Up	-9.66%