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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	C	Strong	Up	Up	Down	-27.66%
Jul 30	C	Strong	Up	Up	Down	-28.45%
Jul 29	C	Strong	Up	Up	Flat	-28.83%
Jul 26	B	Strong	Up	Up	Flat	-29.14%
Jul 25	B	Strong	Up	Up	Flat	-28.74%
Jul 24	A	Strong	Up	Up	Flat	-28.22%
Jul 23	A	Strong	Up	Up	Up	-31.40%
Jul 22	A	Strong	Up	Up	Up	-30.40%
Jul 19	A	Strong	Up	Up	Up	-29.26%
Jul 18	A	Strong	Up	Up	Up	-27.81%