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
Sep 6	D	Strong	Up	Down	Down	4.50%
Sep 5	D	Strong	Up	Down	Down	2.91%
Sep 4	D	Strong	Up	Down	Down	3.85%
Aug 30	D	Strong	Up	Up	Up	0.19%
Aug 29	D	Strong	Up	Flat	Up	1.25%
Aug 28	D	Strong	Up	Down	Flat	2.07%
Aug 27	D	Strong	Up	Up	Up	0.97%
Aug 26	D	Strong	Up	Up	Up	1.25%
Aug 23	D	Strong	Up	Flat	Up	1.86%
Aug 22	D	Strong	Up	Down	Down	4.00%