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
May 1	B	Weak or Absent	Flat	Flat	Up	79.44%
Apr 28	D	Weak or Absent	Down	Down	Down	82.92%
Apr 27	C	Weak or Absent	Down	Down	Down	83.83%
Apr 26	C	Weak or Absent	Down	Down	Down	83.74%
Apr 25	C	Weak or Absent	Down	Down	Down	82.10%
Apr 24	C	Weak or Absent	Flat	Flat	Down	78.74%
Apr 21	C	Weak or Absent	Flat	Flat	Down	78.05%
Apr 20	C	Weak or Absent	Down	Down	Down	79.61%
Apr 19	D	Weak or Absent	Flat	Down	Down	79.18%
Apr 18	C	Weak or Absent	Up	Flat	Down	77.36%