Trend Table for SPNS - Sapiens International Corporation N.V.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 14	D	Strong	Up	Down	Down	-19.56%
Aug 13	D	Strong	Up	Down	Down	-19.79%
Aug 12	C	Strong	Up	Down	Down	-19.07%
Aug 9	C	Strong	Up	Down	Down	-20.97%
Aug 8	C	Strong	Up	Down	Down	-20.77%
Aug 7	C	Strong	Up	Down	Down	-19.72%
Aug 6	C	Strong	Up	Down	Down	-19.47%
Aug 5	C	Strong	Up	Down	Down	-18.51%
Aug 2	B	Strong	Up	Up	Down	-21.74%
Aug 1	C	Strong	Up	Up	Down	-22.65%