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 13	A	Very Strong	Up	Up	Up	36.07%
Jun 12	A	Very Strong	Up	Up	Up	37.29%
Jun 9	A	Very Strong	Up	Up	Up	38.06%
Jun 8	A	Very Strong	Up	Up	Up	39.10%
Jun 7	A	Very Strong	Up	Up	Up	40.81%
Jun 6	A	Very Strong	Up	Up	Up	42.72%
Jun 5	A	Very Strong	Up	Up	Up	45.42%
Jun 2	A	Very Strong	Up	Up	Up	44.91%
Jun 1	A	Very Strong	Up	Up	Up	48.17%
May 31	A	Very Strong	Up	Up	Up	48.23%