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
Feb 3	B	Strong	Up	Up	Up	60.78%
Feb 2	C	Strong	Up	Up	Up	59.75%
Feb 1	C	Strong	Up	Up	Up	64.23%
Jan 31	C	Strong	Up	Up	Up	65.39%
Jan 30	B	Strong	Up	Up	Flat	70.35%
Jan 27	B	Strong	Up	Up	Up	67.53%
Jan 26	C	Strong	Up	Up	Up	67.68%
Jan 25	B	Strong	Up	Up	Up	67.31%
Jan 24	B	Strong	Up	Up	Up	67.08%
Jan 23	B	Strong	Up	Up	Up	64.01%