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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Weak or Absent	Up	Up	Up	-29.71%
Nov 7	B	Weak or Absent	Up	Up	Up	-29.76%
Nov 6	B	Weak or Absent	Up	Up	Up	-28.86%
Nov 5	B	Weak or Absent	Up	Up	Flat	-25.28%
Nov 4	A	Weak or Absent	Up	Up	Flat	-25.56%
Nov 1	B	Weak or Absent	Up	Up	Down	-25.07%
Oct 31	B	Weak or Absent	Up	Up	Down	-24.81%
Oct 30	B	Weak or Absent	Up	Up	Up	-26.99%
Oct 29	B	Weak or Absent	Up	Up	Up	-26.03%
Oct 28	B	Weak or Absent	Up	Up	Up	-25.95%