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
Nov 7	D	Weak or Absent	Down	Down	Down	112.82%
Nov 4	D	Weak or Absent	Down	Down	Down	111.02%
Nov 3	D	Weak or Absent	Down	Down	Down	117.13%
Nov 2	D	Weak or Absent	Down	Down	Down	99.66%
Nov 1	D	Weak or Absent	Down	Down	Up	91.01%
Oct 31	D	Weak or Absent	Down	Down	Up	90.53%
Oct 28	D	Weak or Absent	Down	Flat	Up	86.17%
Oct 27	D	Weak or Absent	Down	Down	Up	90.34%
Oct 26	D	Weak or Absent	Down	Down	Up	92.49%
Oct 25	D	Weak or Absent	Down	Down	Up	90.24%