Trend Table for MGIC - Magic Software Enterprises Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	C	Weak or Absent	Up	Up	Down	3.10%
Jul 31	C	Weak or Absent	Up	Up	Down	1.95%
Jul 30	C	Weak or Absent	Up	Up	Down	1.95%
Jul 29	C	Weak or Absent	Up	Up	Down	-1.26%
Jul 26	B	Weak or Absent	Up	Up	Up	-5.91%
Jul 25	B	Weak or Absent	Up	Up	Up	-6.23%
Jul 24	B	Weak or Absent	Up	Up	Up	-4.68%
Jul 23	B	Weak or Absent	Up	Up	Up	-5.42%
Jul 22	C	Weak or Absent	Up	Up	Up	-4.35%
Jul 19	B	Weak or Absent	Up	Up	Up	-0.81%