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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	B	Weak or Absent	Up	Up	Flat	-24.32%
Oct 24	B	Weak or Absent	Up	Up	Up	-24.67%
Oct 23	B	Weak or Absent	Up	Up	Flat	-24.28%
Oct 22	B	Weak or Absent	Up	Up	Up	-25.93%
Oct 21	B	Weak or Absent	Up	Up	Up	-26.60%
Oct 18	C	Weak or Absent	Up	Up	Flat	-23.76%
Oct 17	C	Weak or Absent	Up	Up	Flat	-23.78%
Oct 16	C	Weak or Absent	Up	Up	Up	-23.80%
Oct 15	C	Weak or Absent	Up	Up	Flat	-22.93%
Oct 14	C	Weak or Absent	Up	Flat	Down	-22.54%