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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	A	Weak or Absent	Up	Flat	Down	-9.03%
Apr 19	B	Weak or Absent	Up	Down	Down	-7.75%
Apr 18	B	Weak or Absent	Up	Flat	Down	-8.15%
Apr 17	A	Weak or Absent	Up	Flat	Down	-8.39%
Apr 16	A	Strong	Up	Up	Down	-9.94%
Apr 15	B	Strong	Up	Up	Down	-10.03%
Apr 12	B	Strong	Up	Up	Down	-9.77%
Apr 11	C	Strong	Up	Up	Flat	-12.53%
Apr 10	C	Strong	Up	Up	Down	-10.78%
Apr 9	C	Strong	Up	Up	Down	-11.95%