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 10	B	Weak or Absent	Up	Up	Flat	10.57%
Jun 7	B	Weak or Absent	Up	Up	Down	11.88%
Jun 6	C	Weak or Absent	Up	Up	Down	10.87%
Jun 5	C	Weak or Absent	Up	Up	Down	9.97%
Jun 4	B	Weak or Absent	Up	Up	Down	11.74%
Jun 3	C	Weak or Absent	Up	Up	Down	11.17%
May 31	C	Weak or Absent	Up	Up	Down	9.64%
May 30	B	Weak or Absent	Up	Up	Down	9.32%
May 29	B	Weak or Absent	Up	Up	Down	9.16%
May 28	B	Weak or Absent	Up	Up	Down	8.16%