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
Oct 24	C	Weak or Absent	Down	Down	Up	97.46%
Oct 21	C	Weak or Absent	Down	Down	Up	97.66%
Oct 20	B	Weak or Absent	Down	Down	Up	99.13%
Oct 19	C	Weak or Absent	Down	Down	Up	98.50%
Oct 18	C	Weak or Absent	Down	Down	Up	98.19%
Oct 17	D	Weak or Absent	Down	Down	Flat	100.41%
Oct 14	C	Weak or Absent	Down	Down	Down	103.46%
Oct 13	C	Weak or Absent	Down	Down	Down	104.12%
Oct 12	F	Weak or Absent	Down	Down	Down	110.90%
Oct 11	F	Weak or Absent	Down	Down	Down	98.71%