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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	C	Strong	Up	Up	Down	-28.14%
Jul 30	C	Strong	Up	Up	Down	-28.93%
Jul 29	C	Strong	Up	Up	Flat	-29.31%
Jul 26	B	Strong	Up	Up	Flat	-29.61%
Jul 25	B	Strong	Up	Up	Flat	-29.22%
Jul 24	A	Strong	Up	Up	Flat	-28.69%
Jul 23	A	Strong	Up	Up	Up	-31.86%
Jul 22	A	Strong	Up	Up	Up	-30.86%
Jul 19	A	Strong	Up	Up	Up	-29.73%
Jul 18	A	Strong	Up	Up	Up	-28.29%