Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	B	Weak or Absent	Up	Up	Up	-7.35%
May 3	B	Weak or Absent	Up	Up	Up	-6.58%
May 2	A	Weak or Absent	Up	Up	Up	-5.72%
May 1	A	Weak or Absent	Up	Up	Up	-4.27%
Apr 30	A	Weak or Absent	Up	Up	Up	-5.00%
Apr 29	B	Weak or Absent	Up	Up	Up	-5.80%
Apr 26	A	Weak or Absent	Up	Up	Flat	-3.61%
Apr 25	B	Weak or Absent	Up	Up	Flat	-3.11%
Apr 24	B	Weak or Absent	Up	Up	Flat	-3.36%
Apr 23	A	Weak or Absent	Up	Up	Up	-4.51%