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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 8	C	Strong	Up	Up	Flat	-7.34%
Mar 7	C	Strong	Up	Up	Flat	-7.59%
Mar 6	C	Strong	Up	Up	Down	-5.46%
Mar 5	C	Strong	Up	Up	Down	-4.72%
Mar 4	C	Strong	Up	Up	Down	-7.16%
Mar 1	B	Strong	Up	Up	Up	-9.77%
Feb 29	B	Strong	Up	Up	Up	-9.15%
Feb 28	B	Strong	Up	Up	Up	-7.80%
Feb 27	B	Strong	Up	Up	Up	-7.37%
Feb 26	B	Weak or Absent	Up	Up	Up	-9.77%