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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 2	B	Weak or Absent	Up	Up	Up	-18.26%
Jul 1	B	Weak or Absent	Up	Up	Up	-17.73%
Jun 28	B	Weak or Absent	Up	Up	Up	-17.20%
Jun 27	B	Weak or Absent	Up	Up	Up	-17.37%
Jun 26	B	Weak or Absent	Up	Up	Down	-15.38%
Jun 25	B	Weak or Absent	Up	Up	Down	-15.84%
Jun 24	B	Weak or Absent	Up	Up	Down	-15.10%
Jun 21	B	Weak or Absent	Up	Up	Up	-16.76%
Jun 20	B	Weak or Absent	Up	Up	Down	-15.30%
Jun 18	B	Weak or Absent	Up	Up	Up	-16.76%