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
Mar 17	C	Strong	Down	Down	Up	84.67%
Mar 16	C	Strong	Down	Down	Up	87.42%
Mar 15	D	Strong	Down	Down	Down	95.78%
Mar 14	D	Strong	Down	Down	Down	93.28%
Mar 13	D	Strong	Down	Down	Down	97.73%
Mar 10	D	Strong	Down	Down	Down	93.57%
Mar 9	D	Strong	Down	Down	Down	89.68%
Mar 8	D	Strong	Down	Down	Down	86.31%
Mar 7	D	Strong	Down	Down	Down	87.14%
Mar 6	D	Strong	Down	Down	Down	84.31%