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
Jun 25	B	Weak or Absent	Up	Up	Down	10.10%
Jun 24	B	Weak or Absent	Up	Up	Down	11.07%
Jun 21	B	Weak or Absent	Up	Up	Up	8.90%
Jun 20	B	Weak or Absent	Up	Up	Down	10.80%
Jun 18	B	Weak or Absent	Up	Up	Up	8.90%
Jun 17	B	Weak or Absent	Up	Up	Up	9.03%
Jun 14	B	Weak or Absent	Up	Up	Down	10.80%
Jun 13	B	Weak or Absent	Up	Up	Up	8.22%
Jun 12	B	Weak or Absent	Up	Up	Up	8.26%
Jun 11	B	Weak or Absent	Up	Up	Up	8.03%