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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	B	Weak or Absent	Up	Up	Up	-11.01%
May 3	B	Weak or Absent	Up	Flat	Flat	-10.20%
May 2	B	Weak or Absent	Up	Down	Down	-8.79%
May 1	B	Weak or Absent	Up	Flat	Flat	-9.62%
Apr 30	A	Weak or Absent	Up	Flat	Flat	-10.03%
Apr 29	A	Weak or Absent	Up	Up	Up	-12.03%
Apr 26	A	Weak or Absent	Up	Up	Up	-11.47%
Apr 25	A	Weak or Absent	Up	Up	Up	-10.96%
Apr 24	A	Weak or Absent	Up	Up	Up	-10.96%
Apr 23	A	Weak or Absent	Up	Up	Flat	-9.71%