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
Jul 24	A	Strong	Up	Up	Flat	-6.24%
Jul 23	A	Strong	Up	Up	Up	-10.40%
Jul 22	A	Strong	Up	Up	Up	-9.10%
Jul 19	A	Strong	Up	Up	Up	-7.61%
Jul 18	A	Strong	Up	Up	Up	-5.71%
Jul 17	B	Strong	Up	Up	Up	-6.29%
Jul 16	A	Strong	Up	Up	Up	-6.98%
Jul 15	B	Strong	Up	Up	Up	-4.51%
Jul 12	B	Strong	Up	Up	Up	-1.78%
Jul 11	A	Weak or Absent	Up	Up	Up	0.75%