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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 10	D	Strong	Down	Down	Down	12.44%
Nov 9	D	Strong	Down	Down	Down	13.41%
Nov 8	C	Strong	Up	Down	Down	10.61%
Nov 7	B	Strong	Up	Flat	Up	-0.71%
Nov 6	B	Strong	Up	Up	Up	-1.10%
Nov 3	B	Strong	Up	Up	Up	-1.84%
Nov 2	B	Strong	Up	Down	Up	0.40%
Nov 1	B	Strong	Up	Down	Up	5.60%
Oct 31	B	Strong	Up	Down	Up	8.83%
Oct 30	B	Strong	Up	Down	Flat	10.25%