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
Jan 20	C	Weak or Absent	Down	Up	Up	74.23%
Jan 19	C	Weak or Absent	Down	Up	Up	78.29%
Jan 18	C	Weak or Absent	Down	Up	Up	77.28%
Jan 17	C	Weak or Absent	Down	Up	Up	76.20%
Jan 13	C	Weak or Absent	Down	Up	Up	76.61%
Jan 12	C	Weak or Absent	Down	Up	Up	78.46%
Jan 11	C	Weak or Absent	Down	Up	Up	82.73%
Jan 10	C	Weak or Absent	Down	Up	Up	87.39%
Jan 9	C	Weak or Absent	Down	Up	Up	86.08%
Jan 6	C	Weak or Absent	Down	Up	Up	96.21%