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
Jun 20	B	Weak or Absent	Up	Up	Down	6.06%
Jun 18	B	Weak or Absent	Up	Up	Up	4.24%
Jun 17	B	Weak or Absent	Up	Up	Up	4.36%
Jun 14	B	Weak or Absent	Up	Up	Down	6.06%
Jun 13	B	Weak or Absent	Up	Up	Up	3.59%
Jun 12	B	Weak or Absent	Up	Up	Up	3.62%
Jun 11	B	Weak or Absent	Up	Up	Up	3.41%
Jun 10	B	Weak or Absent	Up	Up	Flat	5.84%
Jun 7	B	Weak or Absent	Up	Up	Down	7.09%
Jun 6	C	Weak or Absent	Up	Up	Down	6.12%