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 3	F	Strong	Down	Down	Down	81.66%
Mar 2	D	Strong	Down	Down	Down	83.17%
Mar 1	D	Strong	Down	Down	Down	81.93%
Feb 28	D	Strong	Down	Down	Down	82.10%
Feb 27	D	Strong	Down	Down	Down	82.10%
Feb 24	C	Strong	Down	Up	Down	79.84%
Feb 23	C	Strong	Down	Up	Down	78.81%
Feb 22	C	Strong	Down	Up	Down	79.32%
Feb 21	D	Strong	Down	Flat	Down	82.90%
Feb 17	C	Weak or Absent	Up	Up	Down	73.12%