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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 8	B	Strong	Up	Up	Up	-14.39%
Apr 5	B	Strong	Up	Up	Up	-15.02%
Apr 4	B	Weak or Absent	Up	Up	Down	-11.18%
Apr 3	A	Weak or Absent	Up	Up	Up	-12.97%
Apr 2	A	Weak or Absent	Up	Up	Up	-12.72%
Apr 1	B	Weak or Absent	Up	Up	Up	-12.23%
Mar 28	B	Weak or Absent	Up	Up	Up	-13.08%
Mar 27	B	Weak or Absent	Up	Up	Up	-11.14%
Mar 26	C	Strong	Up	Up	Flat	-9.12%
Mar 25	A	Strong	Up	Up	Up	-11.48%